Because numerous circumstances may arise that prevent a party from performing its contractual obligations,it is important (particularly in longer-term contracts)that negotiators evaluate risks,speculate on possible changes in the business environment,and be wary of making inflexible commitments or obligations that make performance much more expensive than anticipated.How might a business that is contracting to supply goods in the future protect itself from potential increases in costs?

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The Answer of Because numerous circumstances may arise that prevent a party from performing its contractual obligations,it is important (particularly in longer-term contracts)that negotiators evaluate risks,speculate on possible changes in the business environment,and be wary of making inflexible commitments or obligations that make performance much more expensive than anticipated.How might a business that is contracting to supply goods in the future protect itself from potential increases in costs?

Because Numerous Circumstances May Arise That Prevent a Party from Performing