Types of Contracts [pic] Choosing type appropriate contract type is essential to successful performance under a contract. The type of contract determines the cost and performance risks which are placed on the contractor. There are two broad contract groups--fixed price and cost reimbursement. Within each of these groups‚ there are various types of contracts which can be used individually or in combination. [pic] Firm Fixed Price Contracts [pic] This type of contract requires the contractor
Premium
What is a contract? A business contract is a legally binding agreement between two or more parties to do or not to do certain things. For example‚ a business contract could be for the sale of goods or supply of services at a certain price. There are many different types of contracts including: the sale and purchase of a business agreement; partnership agreements; leases of business premises; leases of plant and equipment; and employment agreements. The process for creating a contract generally
Premium Contract
their significance? Do you think they are the political horoscope of the country? Discuss. 4. (a) “The Iaw of contract is not the whole law of agreements‚ nor is it the whole law of obligations.” Discuss. (b) What tests would you apply to ascertain whether an agreement is a contract? 5. Under the Indian Contract Act‚ there are “certain relations resembling those created by a contract”. Explain giving illustrations. 6. Raj sees a book displayed in a shelf of a book shop with a price tag of
Premium Law Marketing Constitution
Contract between MAANO TECHNICAL SERVICES CC (Builder) Represented by Mr. Herman Lukas And Mr. Joao de Sousa Satata (Client) Represented by Mr. Zenildo Calueto For THE CONSTRUCTION OF AN OUTBUILDING AT ERF 1387‚ MOUNTAIN THORN STREET‚ DORADO PARK‚ WINDHOEK – NAMIBIA. CONTRACT BETWWEN THE OWNER AND THE BUILDER CONTENTS SECTION 1. Articles of Agreement. SECTION 2. General Information. SECTION 3. Standard Conditions of Contract. Section 1 ARTICLES OF AGREEMENT ARTICLES OF
Premium Contract Gentlemen's agreement
Case Study in Management Information Systems Submitted By: Ronald Jay Villamer Submitted To: Engr. Romwell Dumag INTERACTIVE SESSION: MANAGEMENT On April 4‚ 2008‚ Tata Consultancy Services (TCS)‚ a leading global information technology services provider‚ announced it had signed a multi-year‚ multi-million dollar outsourcing contract to provide Chrysler LLC with a comprehensive set of information technology services. Was this a good move for Chrysler? Tata Consultancy
Premium Automotive industry Chrysler Ford Motor Company
MO 301 Case Study Alim Leung Section 4 9/24/12 Atchinson Case 1. The terms of the psychological contract at the Atchison Corporation under the leadership of Jerome Atchison are of quality‚ integrity‚ and loyalty. Jerome Atchinson expects his employees to produce quality work and create a good environment to work in. Jerome Atchinson also expects his employees to uphold and maintain high integrity; even senior management could be discharged in cases of moral crime or dishonesty). Loyalty
Premium Management Integrity Employment
Aspects of Contract and Negligence for Business Table of Contents Introduction 3 CONTRACT BEGINNINGS 3 MAJOR CONTRACT ELEMENTS 3 CONTRACT FORMATION 5 CONTRACT TERMS AND REMEDIES 6 CONTRACT EXEMPTION……………………………………………………………………………………………………………………………………………8 NEGLIGENCE PRINCIPLES………………………………………………………………………………………………………………………………………….9 NEGLIGENCE DEFENCES………………………………………………………………………………………………………………………………………….11 VICARIOUS LIABILITY 1 NEGLIGENCE REMEDIES 13 EMPLOYER LIABILITY‚ HEALTH
Premium Contract Tort Common law
Part A A contract may be discharged or brought to an end at any time after formation and there are several ways in which this can happen. One party may avoid a contract – for example‚ for unconscionable conduct by the other; one party may terminate the contract before performance is complete – for example‚ for breach; or the contract may be performed to the satisfaction of the parties. The contract of sale that takes place at a supermarket checkout is for all purposes completed at the time
Premium Contract
Purpose The purpose of this paper is address the issue of turnaround time in contract negotiations. We will present recommendations on how to streamline the contract negotiation process by implementing a change in the current process and creating a standard contract. Background Liferay‚ Inc. is a software and service oriented company who has an open-sourced product. It was founded in 2004 in response to growing demand for Liferay Portal‚ the market’s leading independent portal product that was garnering
Premium Management Customer service Project management
Intel shares. As indicated in the table below‚ the share price is $19.56 and January put option with a strike price of $17.50 costs $0.475. The investor is comparing two alternatives to limit downside risk. The first is to buy 1 January put option contract with a strike price of $17.50. The second involves instructing a broker to sell the 100 shares as soon as Intel’s price reaches $17.50. Discuss the advantages and disadvantages of the two strategies. Strike Price 15.00 17.50 20.00 22.50
Premium Futures contract