what is the various conditions which should be clearly mentioned in a contract

There are many conditions that should be clearly mentioned in a contract. Some of the most important ones include

The parties to the contract: This should include the full names and contact information of all parties involved in the contract.

The subject matter of the contract: This should clearly state what the contract is for. For example, if the contract is for the sale of goods, it should specify the goods being sold, the quantity of goods, and the price.

The terms of payment: This should specify how and when payment will be made. For example, the contract may state that payment is due in full upon signing the contract, or that payment is due in installments over a period of time.

The delivery terms: This should specify when and how the goods or services will be delivered. For example, the contract may state that the goods will be delivered within 30 days of signing the contract, or that the services will be rendered within 60 days of signing the contract. The warranty terms: This should specify any warranties that are being offered by either party. For example, the contract may state that the goods are warranted to be free from defects for a period of one year.

The dispute resolution terms: This should specify how any disputes arising out of the contract will be resolved. For example, the contract may state that all disputes will be resolved through binding arbitration, or that they will be resolved through litigation in a particular court. It is important to carefully consider all of the conditions that should be included in a contract before signing it. By doing so, you can help to ensure that your rights are protected and that you understand your obligations under the contract.

Here are some other conditions that may be included in a contract, depending on the specific circumstances

Confidentiality provisions: These provisions may protect sensitive information that is shared between the parties to the contract.

Non-compete provisions: These provisions may prevent one party from competing with the other party for a certain period of time.

Termination provisions: These provisions may specify how the contract can be terminated by either party.

Force majeure provisions: These provisions may excuse a party from their obligations under the contract if they are unable to perform due to events beyond their control.

It is important to note that this is not an exhaustive list of all the conditions that may be included in a contract. The specific conditions that are included will vary depending on the type of contract and the parties involved.