B2B Agreements

No matter what service you offer to other businesses, whether personally or as a SaaS online business, a B2B contract protects you in ways you can`t imagine. In order to limit potential liability, exclusions of liability are generally included in e-commerce and technology agreements, in order to prevent one party from making claims for compensation beyond the scope of the risk that the other party is willing to take. For example, it is customary for an e-merchant to refuse any guarantee that a particular product covered by the agreement (e.g.B. software) is suitable for a particular purpose. So far, the law provides, on an exceptional basis, that financial services or public procurement agreements are exempt from these rules. However, the law provides for the possibility of making them partially applicable to such agreements by royal decree. This regulatory framework will apply from 1 June 2020 to new agreements concluded after that date. The same applies to contract amendments or renewals. That`s why your company should think about and list which of its existing agreements need to be renewed, extended, or amended in order to hope and prepare in a timely manner for upcoming negotiations. . . .