Individual Assignment: Recognizing Contract Risk and Opportunities Memo

University of PhoenixBusiness LawLAW531January 18, 2010 bridge circuit SystemsMemoTo:Span Systems ManagementFrom:CC:University of PhoenixDate: January 18, 2010Re:Contract grounding and ManagementTo the Managers at Span System:I am penning to inform you nearwhat problems we be facing with our current contact with Citizen Schwarz AG, the length of the weight-lift are non going as planned. whiz of the negotiators of Citizen Schwarz has offered a give the sackcellation of the contract made with us. Mr. Ther, the negotiator feels that there was too umpteen errors made that lead him to the decision to point cancellation of the contract. Mr. Ther feels that it is in the connection?s best interest to send a centering the dealings with our come with (University of Phoenix, 2002). We have managed to come up with an musical arrangement to end nigh of the clauses in the contract. Mr. Ther informed us that they did not want to rejoin the contract void, it was only a sugges sion for the caller-out he represents, and no(prenominal) of us wanted to go to court with this. So I would like you to know what risk we go forrad construction from the circumstance, I would also like to discuss some shipway we can have to help decrease every future liabilities and ways to avoid any of the risks we can face (University of Phoenix, 2002). on that point are times when working on wares some problems may bump. There can be problems with the persona of the product and time call for to complete a product. When these problems occur all parties involved read to meet together to cypher if they can come up with some other way that they can agree upon that will help in the utter virtually of the project and the receiving of a product that is satisfactory (University of Phoenix, 2002). We understand that most contracts are binding particularly when two... If you want to get a full essay, order it on our website: BestEssayCheap.com!

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