Sources of Contract Risk Language Risks, Contract Wording, and Beyond38 Perceptions, Growing Complexity, and

No one can remain in business without making contracts. Yet entering a contract can be risky because it creates obligations. It also means relying on the other party to do (or refrain from doing) something, which in itself can give rise to many kinds of risk. This is a special concern when dealing with a supply chain, where one’s own performance is dependent on the performance of others up and down the chain.