Legal Process Associate

Legal Process Associate Interview Questions and Answers

Updated 15 Jan 2025

Q1. what is evergreen clause

Ans.

An evergreen clause is a contract provision that automatically renews the agreement at the end of the term unless one party gives notice to terminate.

  • Automatically renews the contract at the end of the term

  • Requires one party to give notice to terminate

  • Common in subscription services and rental agreements

Q2. what is contract

Ans.

A contract is a legally binding agreement between two or more parties.

  • A contract must have an offer, acceptance, consideration, legal capacity, and legal purpose.

  • Contracts can be written or oral, but written contracts are generally more enforceable.

  • Examples of contracts include rental agreements, employment contracts, and sales contracts.

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