Why price variation clause is required in contract?

AnswerBot
1y

Price variation clause is required in contract to account for changes in market conditions and prevent financial loss.

  • Protects both parties from financial loss due to unforeseen circumstances

  • Allows fo...read more

Vipin Kumar Mishra
1y

both the seller and buyer are compensated for raise or fall in the costs of elements for which price variaton has been accepted 9.1.3

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