2 MAIN CONTRACT The Employer shall make the Main Contract (other than the details of the Employer’s prices thereunder as stated in the bills of quantities or schedule of rates and prices as the case may be) available for inspection to the Contractor with and‚ if so requested by the Contractor‚ shall provide the Contractor with a certified true copy of the Main Contract (less such details of the Employer’s price)‚ at the cost of the Contractor. The Contractor shall be deemed to have examined the
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19. Discuss the advantages and disadvantages of management contract to both the hotel owner and the management company? The advantage of the management contract is: The management contract incurs minimum risk to the company as compared to sole ownership and joint-venture development since the management company has little or minimal equity invested in the hotel. The hotel management company only assigns a group of professional managers to operate the property for the owner. If political crisis
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elements required for formation of valid contract The contract law is a situation where law is related to business transactions. In the situations good are purchased‚ sold‚ as well as moved through the contract. The employees are hired‚ land are developed‚ sold‚ bought leased or financed under the contract. Most of the businesses are based under contracts. Generally‚ the contracts represent foundation of the most of the commercial activities and therefore contract law stands for one of the crucial areas
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Employment Dynamics Sayyed Muhammad Ahmed Dabir BU7025 - Employment Dynamics University Of Chester Employment Dynamics Internal control mechanisms have a more important role to play within the modern workplace than external control mechanisms. In fact‚ internal controls play a very important role in any organization’s business and financial policies and processes. Internal controls comprises all the steps considered by the management of organization in order to (Pfister‚ 2009);
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of a Contract Angelique Gares BUS670 Legal Environment Professor Roger Amos May 24‚ 2010 . This paper is a study of the Element of a Contract detailing the essential elements that constitute a legal binding agreement. A contract can be defined as an agreement between two or more persons for example‚ individuals‚ organizations or government agencies and or business‚ to do‚ or to refrain from doing something in exchange for something of value. The text states “to qualify as a contract‚ a set
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Assignment #1 IDPM60131 Work and Employment in the Global Economy (Global value chains‚ production networks‚ and global labor flexibility) IDPM Industry‚ Trade‚ and Development MSc 9574201 Hiroto SORITA (800 words) 23 Sep‚ 2014 Introduction Since the commodity chains or networks‚ which begin with crude materials and finally vary to a finished product in order to conduct sales in the global market (Rainnie et al.‚ 2011)‚ have highly received consciousness‚ many researches‚ especially from
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Discuss the influence of childhood and/or adolescent experiences on adult relationships. (9 marks + 16 marks) The internal working model is a system during infancy that determines what we experience as romantic relationships as adults. According to Bowlby‚ later relationships are likely to be a continuation of early attachment styles (insecure or secure). This internal working model can‚ in extreme cases‚ cause them to develop an attachment disorder. Children with attachment disorders may avoid
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Interest groups use several strategies to influence legislation in the government. The strategies interest groups implement differ based off financial resources‚ number of members‚ and types of members. One of the strategies used by interest groups is lobbying. Lobbying seeks to pass legislation or to influence implementation of legislation. Interest groups can use lobbyists at several stages of the legislative process. One implementation is lobbying congress directly‚ which‚ to be done effectively
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What is Contract? Discuss Essentials of Contact. According to Section 2 (h) of the Indian Contact Act‚ 1872‚ "A contract is “an agreement enforceable by law”. A contract therefore‚ is an agreement the object of which is to create a legal obligation i.e.‚ a duty enforceable by law. From the above definition‚ we find that a contract essentially consists of two elements: (1) An agreement and (2) Legal obligation i.e.‚ a duty enforceable by law. As per section 2 (e) "Every promise and every set of
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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
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