Loading...
Loading...
Analyze contract fundamentals including formation requirements (offer, acceptance, consideration), essential clauses, and common risk areas. Use this skill when the user needs to review a contract, understand contract terms, identify risky clauses, or draft contract provisions — even if they say 'review this agreement', 'what should I watch out for in this contract', or 'is this clause standard'.
npx skill4agent add asgard-ai-platform/skills law-contractIRON LAW: A Contract Requires Offer + Acceptance + Consideration + Legality
All four elements must be present for a valid contract. Missing any one
means no enforceable contract exists — regardless of how formal the document
looks. A signed document without consideration (exchange of value) is
not a contract.| Element | Definition | Test |
|---|---|---|
| Offer | Clear, definite proposal with intent to be bound | Would a reasonable person understand this as a binding proposal? |
| Acceptance | Unqualified agreement to the offer's terms | Mirror image rule: acceptance must match the offer exactly |
| Consideration | Something of value exchanged by both parties | Each side gives up something (money, services, rights, promises) |
| Legality | Subject matter must be legal and parties must have capacity | No illegal purpose; parties must be competent adults or authorized entities |
| Clause | Purpose | Red Flags |
|---|---|---|
| Parties | Who is bound | Incorrect entity name, no authority to sign |
| Scope/Subject | What is being exchanged | Vague deliverables, undefined terms |
| Payment terms | When and how payment occurs | No payment schedule, no late payment consequences |
| Term & Termination | Duration and exit conditions | Auto-renewal without notice, no termination for cause |
| Liability & Indemnity | Who bears risk | Unlimited liability, one-sided indemnification |
| Confidentiality (NDA) | Information protection | Overly broad definition, no time limit |
| IP ownership | Who owns created work | Ambiguous ownership of work product |
| Non-compete | Restrictions after termination | Overly broad scope/geography/duration |
| Dispute resolution | How conflicts are resolved | Foreign jurisdiction, mandatory arbitration without consent |
| Force majeure | Excused performance for unforeseeable events | Too narrow or too broad definition |
# Contract Review: {Agreement Type}
## Parties
- Party A: {name, role}
- Party B: {name, role}
## Deal Summary
{What is being exchanged — in plain language}
## Clause Review
| Clause | Present? | Assessment | Risk Level |
|--------|---------|-----------|-----------|
| Scope | Y/N | {notes} | 🟢/🟡/🔴 |
| Payment | Y/N | ... | ... |
| Termination | Y/N | ... | ... |
| Liability | Y/N | ... | ... |
| IP | Y/N | ... | ... |
| Non-compete | Y/N | ... | ... |
## Red Flags
1. {specific concern with clause reference}
## Recommendations
1. {suggested modification}references/taiwan-contract-law.mdreferences/contract-templates.md