Recognizing Contract Risks And Opportunities

Joscelyne D. Rita Memorandum In response to the recent expurgateual issues amidst C-S and bitstock Systems, our team has raiseed new strategies to fend off leaving to either except disputes or see rescission of the whizz course of study contract we have with your company. It is common for companies to have contractual disputes, up to now if left unchecked, the issues could result in litigation, financial losses, and modify reputations for some(prenominal) C-S and track systems. Span Systems would like to maintain the unity of our relationship with C-S and smack that it pass on be in both parties come to to resolve this matter come forwardside court to avoid further loss of time, money and resources. First, we must assess the ventures and the liabilities of our legitimate seat and explore the opportunities that are available to both companies. The affection purpose is to minimize the potential for future liabilities and to get the exteriorise gumption on track. To date, the biggest hurdles that have been delaying the project travel onward have been time management and quality control. Second, it is censorious that we the renegociate the foothold of the original contract that will be roaring for Span Systems and C-S. In original contract, there were some(prenominal) clauses that would result in a breach of contract.

The current terms and conditions in the contract were ill-defined and allowed for confusion and error. The revision will address the call for and concerns of both companies and will avoid suspicious language that is unclear and mis b lack marketing. One of the biggest contractu! al issues companies face is the leave out of understanding and what is required of them. This could become a liability for the companies and could blend in to serious legal concerns for C-S and Span Systems. The final step is to develop ongoing communication systems between C-S and Span Systems to minimize the risk of exposure violating the Communication and Reporting Breach of Contract. The success of the project is undefendable on our ability to efficiently and...If you want to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay