Template:Msa Audit summ: Difference between revisions

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(Created page with "Following term: Query for how long you should allow audit rights after termination of the contract. You may see “... or such longer period as is required by law here”. Not sure audit rights post-termination are the sort of thing which usually would be stipulated by law, but perhaps in a regulated business like financial services or insurance?")
 
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Following term: Query for how long you should allow audit rights after termination of the contract. You may see “... or such longer period as is required by law here”. Not sure audit rights post-termination are the sort of thing which usually would be stipulated by law, but perhaps in a regulated business like financial services or insurance?
Following term: Query for how long you should allow audit rights after termination of the contract. You may see “... or such longer period as is required by law”. As far as that relates to record keeping it is harmless enough — and not really required to be addressed by contract, seeing as, QED, it is required by law, so the JC drafting principle of ''[[dic non plus quam vere oportet]]'' aka ''[[non dicat manifesta cruenta]]''<ref>“Say no more than you have to” and “don’t state the bleeding obvious”</ref> applies and you should strike it out.
 
Not sure audit rights post-termination are the sort of thing which usually would be stipulated by law, but perhaps in a regulated business like financial services or insurance?

Latest revision as of 16:59, 10 June 2024

Following term: Query for how long you should allow audit rights after termination of the contract. You may see “... or such longer period as is required by law”. As far as that relates to record keeping it is harmless enough — and not really required to be addressed by contract, seeing as, QED, it is required by law, so the JC drafting principle of dic non plus quam vere oportet aka non dicat manifesta cruenta[1] applies and you should strike it out.

Not sure audit rights post-termination are the sort of thing which usually would be stipulated by law, but perhaps in a regulated business like financial services or insurance?

  1. “Say no more than you have to” and “don’t state the bleeding obvious”