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Wednesday 3 April 2013

Contract Creation and Management

Introduction

Contract is defined as, voluntary, deliberate, and sub judicely enforceable (binding) agreement betwixt two or more competent parties (BusinessDictionary.com, 2010). In the Contract Creation and Management feigning between Citizen-Schwarz AG (C-S) and couplet Systems, I was able to assure the case between the two companies and develop a negotiating position, contest performance of the contract, and amend an existing contract to prevent a potentially disruptive business dispute. In the next bracing of paragraphs, I give identify the legal issues present and commemorate the legal principles that apply to each of those issues. Moreover, I will controvert what legal risks and opportunities that arise in the simulation and identify what a manager can do to avoid those risks, and minimize the liabilities. The legal risks discussed in the simulation were: Breach of Contract, Amending the Contract, and Ambiguity of Contracts. I will discuss these given principles and relate the specific measures managers can shell out to realize legal opportunities, and evaluate the alternatives that were presented to resolve the problems identified in the simulation.

Breach of Contract

The case between Citizen-Schwarz AG and Span Systems lead through several reasons chthonian the Breach of Contract.

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One issue would be the requirements change, and how Span Systems believes the fender agreed upon requirements of the ordinary changes to user and system requirements have been outgrown. However, C-S express that Spans changes were unacceptable because C-S speculates that Span is still complying with the signed-off system, in which they have non seen whatsoever major increase in any area. some other reason would be C-S breaching the contract under the communication, and reporting any changes of project management structure, which resulted in a delay of Span systems product delivery. Reviewing of the deliverables led to the slipped schedules because the deliverables never occurred as planned. The third...

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