ask Creation and Management
University of Phoenix
LAW/531
April 20, 2009
Contract Creation and Management
Memorandum
This memorial is to inform all parties involved in the Span Systems and Citizen-Schwarz AG (CSAG) contract negotiations that this contract should not be taken lightly. agate line take exceptions over contracts give notice lead to expensive levelheaded costs, gaolbreak of business relationships, and loss of production. This memorandum ordain evaluate the legal risks and legal principle and what can be done to debar those risks, and minimize the liabilities within the contract.
The five main legal issues that will be discussed ar prison-breaking of Contract under upstanding Performance, Breach of Contract under Internal Escalation military operation for Disputes, Breach of Contract for Requirements Change, Breach of Contract for Communications and Reporting, and Breach of Contract for Intellectual Property Rights.
Breach of Contract under satisfying Performance
The terms of the contract between CSAG and Span Systems states, CSAG may not rescind the contract when to a greater extent than 50% of the show is complete.
unrivaled party may argue that substantial performance has reached more that 50% of the project time has elapsed, the other party can argue that substantial performance is reached once 50% of the deliverables are completed. What constitutes 50% completion puts both parties at risk overdue to the lack of clarity. Clarifying the clause specifying exact measure to be used in establishing substantial performance would remove whatever potential for disputes.
Breach of Contract under Internal Escalation Procedure for Disputes
This contract as all contracts stipulated an escalation procedure for disputes. If a dispute between the two parties arises prior to any legal action, negotiation would be escalated up to management from the project leaders, to the project managers, and the project directors. When dealing with contracts, dispute resolution measures are essential. The...If you want to enamor a full essay, order it on our website: Orderessay
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