Preventive measures
1.Economic conditions
Sector Is your customer's sector in crisis because of COVID-19?
Country Has your customer's country been adversely affected by COVID-19? Has your customer's country high political risk or unstable socio-political environment? Has COVID-19 increased the political risk or influenced the socio-political environment negatively?
Currency
You need to consider this if you do business in a country having a different currency and the contract is denominated in this currency.
Are there foreign exchange risks (e.g. currency fluctuations, high volatility in the currency market) because of COVID-19?
Next: Verify the disputes