Mastering Preliminary Drafting Concerns
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Questions and Answers

Which of the following is NOT discussed in this unit?

  • The importance of understanding the law governing the contract
  • The benefits of authoring the first draft of a contract
  • The significance of ethical conduct when drafting
  • The importance of becoming familiar with the underlying business deal (correct)

    • Who determines who will create the first draft of a contract?

  • The intended audience
  • The author of the draft
  • The legal counsel
  • The parties entering into the contract (correct)

    • What is one of the factors to consider when drafting a contract for the intended audience?

  • The significance of ethical conduct
  • The underlying business deal (correct)
  • The law governing the contract
  • The benefits of authoring the first draft

    • What is a starting point for drafting a contract?

    <p>Choosing appropriate precedents</p> Signup and view all the answers

    What role does legal counsel play in the pre-drafting process?

    <p>Varies depending on the situation</p> Signup and view all the answers

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