Certain contract provisions can create "lawsuit chaos" for a South Dakota business. Many times, these provisions are buried in the "fine print" in an exceedingly long (and boring!) business contract.
Here are three tips every South Dakota business owner needs to know about these "lurking" provisions:
Tip # 1 - Force Majeure
This provision is also known as an "Act of God" clause and can suspend another party's performance of a contract when unforeseen disasters, such as blizzards and floods, occur. To fit within the meaning of force majeure, the unforeseeable event must be the actual cause of the delay, as opposed to other business considerations existing at the same time.