Generate a list of 3 key provisions for a business contract.
1. Obligations of the parties
2. Breach of contract terms
3. Governing law and jurisdiction
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
Generate a list of 3 key provisions for a business contract.

### Response:
1. Obligations of the parties
2. Breach of contract terms
3. Governing law and jurisdiction