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To terminate a contract, it's crucial to examine the contract's termination clause, as this is a key area of law where errors can be costly. Typically, these clauses outline a specific process for termination, which often includes providing written notice within a designated timeframe (commonly 30, 60, or 90 days). Additionally, the notice usually needs to be sent to a key individual specified in the contract. Following these steps carefully helps ensure that the termination is executed correctly and minimizes legal exposure.
