First Sentence:
In the commercial activities of today's highly complex society, standard forms of contract have become an essential part of the day-to-day transactions of most agreements.
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Key Phrases - Statistically Improbable Phrases (SIPs):
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defects liability certificate, effective contract price, employer from any monies, plant for incorporation therein, common law group, other similar permission, new alternative version, release from performance, such other reasonable time, responsibilities under clause, designated remedy, dispute adjudication board, final payment certificate, contractor accordingly, interim payment certificate, deducted from the contract price, detailed cash flow estimate, claim under the performance security, law affecting construction, start event time, international construction contracts, discharge confirming, decennial liability, model services agreement, superintending staff
Key Phrases - Capitalized Phrases (CAPs):
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Red Book, Fourth Edition, Yellow Book, Orange Book, World Bank, Constructional Plant, International Chamber of Commerce, Fifth Edition, House of Lords, Dispute Review Board, United Kingdom, United States, Limitation Act, Privy Council, High Court, New York Convention, Institution of Civil Engineers, Middle East, Pacific Associates, Tai Hing, Act of Parliament, Rules of Arbitration, Duncan Wallace, French Civil Code, Wharf Properties
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