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When entering a long-term contract with a customer, it may be necessary to allow for future adjustments. To ensure fairness, the terms must clearly outline how changes can be made, including what may change, how, and when. It is essential to communicate any changes to your customer well in advance and provide them with the option to cancel if they do not agree. Terms that are overly ambiguous or give you unrestricted rights to modify the contract can be deemed unfair and unenforceable. The CMA or trading standards can intervene against unfair terms. Establishing fair terms helps prevent disputes, saves time, and offers protection for both parties.
