Cost of Living Concerns in Commercial Contracts for the Supply of Goods or Services or in Leases #6

By Gerry NeelyB.A. LL.B. The recently reported record increase in the cost of living reinforces everyone’s concern as to the method by which they can protect themselves against the decreasing value of the dollar. This concern arises particularly in commercial contracts for the supply of goods or services, or in leases, where the term of …