Future-proofing contracts are essential to minimizing unforeseen challenges in the dynamic world of business. Creating Force Majeure clauses has become an essential part of this readiness, and the process has advanced significantly with the development of ChatGPT. Businesses can now improve the accuracy and flexibility of their Force Majeure clauses by utilizing ChatGPT's features.
Here are the prompts for references;
- Draft a force Pandemic-related provisions for force majeure. Consider a scenario in which the ability to perform under a contract is impacted by a global health crisis. In what way does the clause offer protection in these extraordinary circumstances?
- Create a Force Majeure clause taking into account official actions. Assume a project's viability is greatly impacted by a change in the law. In what way does the clause explain government actions that are not within the parties' purview?
- Draft a Force Majeure provision that addresses technological malfunctions. Imagine a scenario in which business operations are disrupted by a critical failure of the IT infrastructure. In what way does the clause offer protection against unanticipated technological difficulties?
Here is the link to the result generated by ChatGPT;
https://chat.openai.com/share/de7502e0-71f8-4a13-9af0-363e33fa9a5f
