The Differences Between Default and Termination
Knowing the difference between the words “default” and “termination” may seem like a small matter, but truthfully it can become a big deal in the court of law. Karalynn Cromeens served as a guest blogger on the Construction Brothers site to clarify the differences and explain why it is important to include them in a construction contract. As we know, terminations can be scary and that is why it should be the absolute last resort. Before getting terminated or abandoning a project, it important that you fully understand the risks and consequences of those actions. Learn more here.