Contracts form the backbone of most business relationships, and it is important to make sure that all
local requirements for a valid and enforceable contract are met. The Commercial Contracts product provides
an overview of these requirements. It also considers aspects such as freedom of contract, warranties,
and prohibited and implied terms covering contracts in general, as well as specific contracts for the
sale of goods, franchise and agency.
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The following topics are covered in detail under the Commercial Contracts product for
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Practical Q&A format
This product contains detailed and up-to-date local guidance, in an easy-to-use question-and-answer format, in relation to general and specific commercial contracts. If you have a question that is not answered, we’ll source the response for you. Sample questions include:
Must contracts be registered? If so, where must they be registered and within what timeframe must they be registered?
Are there any terms in contracts that are implied by operation of law?
Can a contract between a local entity and a foreign entity and/or two local entities be governed by a legal system other than local law? What is the most common situation in practice?
What is the prescription period for enforcing contractual rights?
In the event of defective goods, can the buyer bring a direct claim against the manufacturer of the goods if the manufacturer is not the seller?
Can parties freely agree on the amount of the franchise fees or are there instances in which such contractual freedom is limited by law?
Are there any laws that govern unfair or prohibited terms in agency contracts?
Benefits of the Commercial Contracts product of Afriwise
If you are entering into contracts with counterparties in an African country and wish to tailor your contracts to take into account local-law requirements, the Afriwise platform, and our Commercial Contracts product in particular, is a must. In addition, if you are setting up a franchise, establishing an agency relationship or selling goods in a particular African country, Afriwise provides you with all the necessary contract-related legal guidance from a local law perspective. Afriwise is more powerful than any other solution as it provides accurate, up-to-date and plain-language guidance in relation to all your questions, is interactive, and also notifies you when there are legal updates you should be aware of.
Afriwise subscribers benefit from:
- 24/7 access to our online platform
- detailed practical guidance and insights on all aspects of this area of law
- overviews of the applicable laws and upcoming changes, as well as alerts to important legal developments
- downloadable copies of all relevant laws and regulations
- direct access to vetted local contracts law experts
- valuable tools such as a powerful search engine with relevant filters
- country comparisons
- a clarification-request tool
- ... and much more.
Gain full visibility and clarity across the local landscape of contracts law. If you want your contracts to be airtight and fully enforceable from a local law perspective, Afriwise is exactly what you need.