“Contract Creation and Management Simulation” Bus Law 531 August 30‚ 2011 Contract Creation and Management SimulationThe simulation shows a confutation between two software-developing companies‚ Span Systems‚ and its customer Citizen-Schwartz AG (C-S)‚ a largeGerman bank. The two companies are in difference of opinion over the quality and timeliness of deliverables. There have been major bugs found by C-S during testing and
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Contract Creation and Management Simulation William University of Cincinnati Legal Environment of Business Judge Jim P. Ponder July 2‚ 2000 Contract Creation and Management Simulation The simulation begins in the middle of a major dispute between a software-developing company‚ Span Systems‚ and one of its customers‚ Citizen-Schwartz AG (C-S)‚ a large German bank. The two companies are in dispute over the quality and timeliness of deliverables. There have been major bugs found by C-S during
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Running head: CONTRACT CREATION AND MANAGEMENT SIMULATION MEMO Contract Creation And Management Simulation Memo Nigel Summers BUS LAW/531 12/3/09 Toni Seller Abstract This paper is a memo stating the legal Issues and legal risks within the simulation. Suggest different strategies or factors to avoid these risks‚ minimize liabilities for managers‚ and suggest different alternative approaches to resolve the problems identified in the simulation and explaining which alternative approach would
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November 2‚ 2009 SUBJECT: Contract Creation and Management Simulation CC: Board of Directors Span Systems is a California based custom e-banking software developer that has entered into a $6million contracted with Citizen Schwartz (C-S) to develop banking software in one year. The companies are eight month into the contract and there has been poor performance‚ organizational changes‚ and project delays are the issues that can result a breach of contract. The purpose of this memo is to
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Contract Creation and Manage Law 531 Contract Creation and Management After completion of the Contract Creation and Management simulation the following legal issues were noted. There were problems with this contract from the beginning because the specifics of the contract were ambiguous from the start. The companies involved developed a contractual relationship by evidence of an offer‚ acceptance of the offer and valid and legal consideration‚ which in this case is money for services rendered
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Contract Creation and Management Assignment In this paper I will give my analysis of the issues presented in the Contract Creation and Management simulation. Within the paper I will provide contractual resolutions that will offer the development of a plan that will defuse possible contractual disputes. Citizen Schwartz will be given rapid and economical dispute resolution options‚ while Span Systems will be given the resources to recoup a significant business relationship following a contractual
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Contract Creation and Management Simulation LAW/531 Span Systems entered into a six billion dollar bilateral contract with Citizen-Schwarz AG (C-S) to develop and implement their new banking software. (University of Phoenix‚ 2002) This paper will discuss an analysis of the issues presented in the Contract Creation and Management Stimulus. C-S personnel started to protect C-S personnel because of the quality of their work. It is possible
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Contract Creation and Management Johnny B Good LAW/531 April 30‚ 2012 Professor Law Contract Creation and Management This week assignment is to provide analysis on the Contract Creation and Management simulation provided in the University of Phoenix (UOP) materials website. The simulation involves two companies; Span Systems‚ a California-based custom e-banking software developer and Citizen-Schwarz AG (C-S)‚ a Stuttgart-based bank with revenues of over $20 billion. Through C-S’s regional
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Contract Creation and Management Erica Ackerman University of Phoenix Online Business Law LAW 531 Laurie Wicker April 30‚ 2012 Contract Creation and Management Introduction A contract is a binding agreement between two or more mutual parties. When people enter into a contract‚ they must abide by every article of the contract or they are in danger of a lawsuit for breach of contract (Cheeseman‚ 2010). The author of this paper completed the contract creation and management simulation
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Contract Creation and Management - Nature of Agency LAW 531 June 18‚ 2012 Contract Creation and Management - Nature of Agency Successful contract creation is essential for two or more different parties to conduct business. A contract needs to be full of specifics and lacking in ambiguity‚ otherwise interpretations‚ based on needs and experience‚ can and will be made by both sides. One such area of potential ambiguity in a contract is that of agency. Agency is a relationship where a principal
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