types of contract

TypesofContract

1VoidableContract:Anagreementwhichisenforceablebylawattheoptionofoneormoreoftheparties thereto,butnotattheoptionoftheotherorothers,isavoidablecontract.Acontractisvoidablewhenoneofthe partiestothecontracthasnotexercisedhisfreeconsentOneoftheessentialelementsofaformationofacontract forexample,freeconsent,isabsent.Allvoidablecontractsarethosewhichareinducedbycoercionfraudor misrepresentation.Thepersonwhoseconsentis...

DifferentTypesOfContractsAndContracts

differenttypesofcontractsandmanydifferentpartstoacontractContractsareformalagreementsbetweenpeople orbusinesses.Therearesevenelementstoacontract.Thefirstistheofferwhichisthepurposeddeal.Nextisthe acceptanceoftheofferthanconsiderationorbargainingoftheofferLegalityisthenextwhichmeansisthe contractforalawfulpurpose.Nextiscapacityarethepartiesadultsofsoundmindthenconsentofthecontract. Lastly,writingsometypesofcontracts

EvaluatingDifferentTypesofContracts

EvaluatingContractsTherearedifferenttypesofcontractswhichareusedbytheFederalGovernment.Thechoice foraparticulartypeofcontractisguidedbyanumberoffactorswhichhavetobeputintoaconsiderationbeforea decisionisreachedonthebestorthemostappropriatemethodofcontractingtoapplyDependingonthenatureof theactivityacontractorisbeingcontractedfor,thechoiceofacontractingmethodhasafinancialimpactforthe governmentandhastobebudgetedfor

QuestionsOnCommonTypesOfContracts

ContractTypesTherearemultiplefactorsthatinfluencethetype(s)ofcontract(s)utilized/selectedwithinaproject. Someofthesefactorsinclude:thelevelofuncertaintyrelatedtothescopeofwork,theamountofprojectrisk willingtobeassumed,importanceofmeetingschedulemilestonedates,andtheneedforprojectedcosts,among others(Darnall&Preston,2013)Whateverthedrivingfactorsareintheselectionprocess,onceestablished,the typeofcontractselectedcanhaveasignificant...

TypesOfContractMethodForConstructionManagement

23ContractsThereareseveraltypesofcontractmethodandthesemethodsgenerallyfallunderthreecategories: Fixprice(FP)orlumpsum(LS),guaranteedmaximumprice(GMP)andreimbursablecontractsThesemethods canbeappliedtoanycontractingforconstructionmanagement.Lumpsumcontact,alsocalledfixedpriceiswhen anownerengagesanentitytoperformafixedscopeofworkforanagreedlumpsumpayment(Cmaa,2012) GuaranteedMaximumPrice(GMP)isacontractualarrangementbetween...

WhatContractsWorkBestForWhatTypeOfAContractCaseStudy

Whatcontractsworkbestforwhattypeofprojects?ProjectManagers,insidethequestforsuccessfulproject managementandtocreateacostpowerfulqualitysupportoftheirclients,couldprocurematerialand administrationsallthroughventureexecution;ortheiradministrationscouldlikewisebegainedbyothers,each insideoroutsidetheassociation,todeliverbenefitintheirclaimtofamezonesForeverysituation,theobjectiveis accomplishedbyanagreement,composedororal,which...

WhyDoWeUseDifferentTypesOfContractsOnProjects?

2.1CONTRACTESTABLISHMENTWhydoweusedifferenttypesofcontractsonprojects? 2.2 LEARNINGOBJECTIVESAttheendofthissectionyouwillbeableto:•Describethetypicalcontracttypes •Explainkeyelementsthatgoverncontracttypeselection•Explainthekeyprinciplesofagreementbetween Relianceandthecontractor 2.3CONTRACTSTYPES•LumpSum–Contractorisrequiredtoprovide upfrontforallrisksandcostsforperformingtocontractdefinedrequirements;Contractor

signedacontractwiththeseller,generallythroughanagencyandasolicitor.Acontractisawrittenorspoken agreementbetweentwoormorepartiesforthedoingornotdoingsomethingspecifiedAnagreementcanbe enforceablebylaw.TypesofcontractOnthebusinessfield,acontractisusuallybetweensomeonewhoprovidea servicetoahirerformoney.Youarepromisingtodoajobforthehirerandthehirerispromisingtopayyouforit. (government)Thereisdifferenttypeofcontracts

ProcurementContractAssessmentPaper

ProcurementContractAssessmentDayneDickson,ScottGiles,RonaldFletcher,&DaleBiermanBellevue UniversityProcurementContractAssessmentItisessentialthatprojectmanagershaveathoroughunderstanding ofprocurementconcepts,andthecontractsthatareinvolvedinthepractice.Thisassignmentwillfocusonthe types(FixedPrice,CostReimbursable,andTimeandMaterial),andsubtypesofprocurementcontracts,and discussthepros,cons,andtheburdenofriskofeach.Atthe...

WhyManufactureOrOutsource?Essay

WhyManufactureorOutsourceThemake-or-buyanalysisisthedecisiontochoosebetweenmanufacturinga productin-houseorbypurchasingitfromanexternalsupplier(PMBOK,2013).Thisisalsoreferredtoas outsourcingandisadecisionthatmustbemadebasedonseveralfactorsPertheProjectManagementBodyof Knowledge,expensesformanufacturingmustincludeadditionalcosts,suchaslabortomanufacturetheitemsand disposalcostsofexistingequipment.Conversely,thedecisiontooutsource...

ContractPricingEssay

Fixed-PriceContractorCost-ReimbursementContractWillieGloverBUS501February20,2011DrNickNayak AbstractFixed-pricecontractsandcost-reimbursementsaretwodifferentformsofcontractsusedbythefederal governmentwhiledeterminingcontractpricingContractingofficersmayuseeitherwhencontractinghowever thereareseveraltypesoffixed-pricecontracts.Fixed-pricetypeofcontractsprovideforafirmpriceoran adjustablepriceFixed-pricecontractsconsistoffirm-fixed-price

CaseStudyOnConstruction

tobedone,whenthisworkmustbecompleted,towhatstandardtheworkshouldbedone,howthecontractistobe administeredandhowistobepaidtothecontractorbytheemployer.AlsoitcanbedefineaccordingtoFIDIC, ContractmeanstheGeneralConditions,theSupplementaryConditionstheSpecifications,theDrawings,theBill ofQuantities,theTender,theLetterofAcceptance,theContractAgreement,andsuchfurtherdocumentsasmay beexpresslyincorporatedintheLetterof

Essayonnatureofconstructioncontracts

ConstructionContractsIntroductionForthisassignmentthewriterisgoingtodiscussthenatureandtypesof constructioncontractsandwillexplainthelegalresponsibilitiesofthevariouspartiesinvolvedinthedesignand theconstructionprocessUsingdifferenttypesofsourcesanexplanationtothebasicprinciplesofcontractlawand howtheyapply.Fromdoingthistherewillthenbeanexplanationtowhatextentstandardformsofcontractare specialtypesofcontractContractthathas

WhyBusinessLawIsContracts

businesslawiscontracts.Accordingtoourtext,"Acontractisalegallyenforceableagreementbetweentwoor morepeople"(Rogers,2012)Asadultscontractlawsaresomethingweshouldengageinlearningaboutbecause itislikelywewillenterintooneatsomepointinouradultlives.Businesslawwillalsohelpusidentifytheseveral differenttypesofcontractsandthestepsthatbothpartiesmustfollowbeforeanycontractcanbelegal.Thereare manydifferenttypesofcontractsanindividual

HybridContractsforSmallBusiness

HybridContractsforSmallBusinessIntroductionTherearemanydifferentformsofcontractsinwhichtheCEO ofasmalllocalbusinesscouldusetotrytoacquirebusinessfromthelocalNavybase.Mosttraditionalcontracts arecomposedofeitherfixedpricecontractsorcostreimbursementtypecontractualarrangementsHowever,anew typeofcontracthasemergedthatofferssmallbusinessesalternativestothetraditionalbiddingstructures.Thenew alternativestotraditionalcontractsoffer

ProcurementPlanning

InCPIFcontractsthesellerisreimbursedforallallowableexpensesandreceivesafeebaseduponachievementof performanceobjectives.InCPAFcontractsthesellerisreimbursedforlegitimatecosts,butmostofthefeeisbase uponthesubjectivesatisfactionofthebuyerTimeandmaterialcontractsareahybridastheycontainaspectsof bothfixed-priceandcost-reimbursablecontracts.Thiscontracttypeisusedwhenitisimpossibletoestimate...

ProprietaryvsContractSecurity

ProprietaryversusContractSecurityTracyRWilliamsSEC/320September18,2012MrTedZalewskiSecurity

Manytypesofsecurityareinexistentstoday,siteormobilepatrol;losspreventionfunctions;specialevents security;in-housesecurityfunctionsandprivateinvestigationsaresomeofthetasksChoosingtherightonefor theneedsofanyestablishmentshouldbeoneoftheultimategoalsofthebusiness.Thispaperwillfocuson proprietaryandcontractsecurityinparticular...

AdvantagesAndDisadvantagesOfConstructionContract

CONSTRUCTIONCONTRACTSANDTHEIRDOCUMENTSIntroduction:Makingaworkoraconstruction projectisnotaneasythinganditdemandsmanystagestofacilitatethework.Oneofthemostimportantstagesthat facilitatestheworkandgivesthecontractorandownerwarrantyisthe"constructioncontracts"Construction contractisdefinedasanofficialdocumentthatguaranteesthatthegivenjobgetsitscompensationand/orhowthe compensationcanbedistributed,alsothiscontractstudiestheassets

ConstructionManagement

Constructioncontracts.Author:PawełKotas,PolskaConstructionasaserviceactivityhavingmanydimensions. Startingfromideas,thrufindfunds,investor,designconstruction,findcontractor,phaseofconstruction,meetthe requirementswhichinvestmentneedstobeinuseandcompletefacilityAlltheseaspectsareassociatedwithlarge amountsofdocuments,permits.Inthisessaywillbedescribedvarioustypesofcontractsbetweentheinvestorand thecontractorContractisanagreement

AgreementBetweenAContractAndAgreement

Mostcontractsdonotmakeittocourt,andtheycouldbeverbalunlessthereisaparticularreasonforthecontract tobeinwritingWhensomethingconcerningthecontractdoesnotworkout,awrittencontractprotectsboth parties.Ifapartyofavalidcontractbelievestheotherpartyhasbrokenthecontract,thepartyharmedcanbringa lawsuitagainstthepartywhoitbelieveshasbreachedthecontract.Throughthelegalprocessadeterminationis madeifthecontractwasbrokenorifthere

DisadvantagesOfCostReinbursementContract

cost-reinbursementcontract,thecontractorwaspaidbytheemployerlimitedtothesourceandasmallamountin additionforthecontractortogainprofitFurthermore,costreimbursementcontractshasmassivedivergentwitha fixed-pricecontract,thatthecontractorgetispaidwiththediscussedexpenses.Moreover,thereareseveral contracttypethatfederalagenciescanchooseFirstly,isfixed-price,secondlyistime-and-materials,andlastlyis cost-reimbursement.Eachcontracthasitsownspecialty...

ClassificationofContracts

ContractsNotallcontractsareequaltobuyersandsellersRather,therearecontractsthattendtobemore beneficialtoonepartyortheother.Thisisespeciallythecasewhendealingwithcontractsbetweenprivate businessesandthegovernmentThetwomostcommoncontractsforthesetwogroupsarefixed-priceandcostreimbursementcontracts(45WayneLRev)Whilebothcontractsensurethatpartiesareproperlycompensated forwork,eachdifferentiatescertaincircumstancesthatareeither...

ConstructionContractsEssay

ConstructionContracts1Nameandbrieflydescribeeachofthetwobasictypesofcompetitivelybidconstruction contracts.Whichtypewouldbemostlikelyusedforbuildingthepierstosupportalargesuspensionbridge.Why? Twobasictypesofcompetitivelybidconstructioncontractsarelump-sumandtheunit-pricecontractThelumpsumcontractiswhenthecontractoragreestocompleteallworkforapre-determinedpriceincludingprofitandthe contract.Theunit-pricecontractiswhenthe...

MyKnowledgeOfTheContractDocumentationRelevant

Ihavedevelopedmyknowledgeofthecontractdocumentationrelevanttoourindustrythroughmygraduate training,readingonthesubjectandbylearningaboutthetypesofcontractsusedontheprojectIworkonA contractisanagreementbetweentwoormorepartieswhichcanbeenforcedincourt.Itmustincludeoffer, acceptance,considerationandtheintentiontocreatealegalrelationship.Itdefinestherightsandobligationsofall parties,suchasthescopeofworksandpaymentsAsstructural

AdvantagesAndDisadvantagesOfFixedCostContracts

TheFixed-PriceContractsisatypeofthecontractregularlyusedbytheFederalGovernmentfortheprocurement ofvarioussuppliesThistypeofcontractprovidespricesforafirm,whichisoftenadjustabledependingonthe issuesspecifiedunderthecontract.AccordingtoEngelbeck(2002)theFixedPriceContractprovidesforvarious acquisitionsasdescribedbelow:a)Pricedetermination:Inthiscase,theprospectivefirmprovidesafixedpriceat theinitialstagefordeterminationoradjustment...

WhatIsAContract?

WhatisaContract?Theofficialdefinitionofacontractis"apromiseorasetofpromisesforthebreachofwhich thelawgivesaremedy,ortheperformanceofwhichthelawinsomewayrecognizesasaduty"Moreconciselya contractisanagreementthattwopartiescanenforceincourt.Withinthecontract,twopartiesmustbeawareofall theelementswithinitforthepartiestomakeitavalidcontractincourtAvalidcontractcouldbeconsideredthe basisofalltypesofcontracts.Animportant...

Proj598QuizMohammadWeek3Week3:TypesofContracts-QuizTopofFormTimeRemaining:ÂÂ Question1.1.(TCOB)Allofthebelowwouldbeconsideredgoodselectioncriteriaforabuyertousetoselecta seller,except(Points:10)ÂÂÂÂÂÂmanagerialapproachofseller,capacityofsellertodothework,and buyer'sabilitytocreateaWBS.ÂÂÂÂÂÂproprietaryrightsofbuyer,lifecyclecostofproduct,and warranteeofferedbysellerÂÂÂÂÂÂpastworkdonebyseller

Contentofavalidcontract

Theimportanceoftheessentialelementsrequiredfortheformationofavalidcontract-explain(P1.1)Acontract willbeenforceableifitcansatisfysomebasicconditions.Thesetypeconditionsareknownaselementsof essentialforavalidcontractEverylegalcontractsatisfiestheseconditionsWithoutsatisfyingtheseconditionsa contractcan'tbeacceptable.That'swhyfortheformationofalegalcontractsatisfyingtheessentialelementsis veryimportantTheimportanceoftheessential

ObtainingAHouseKeeperForBuildingAnOrganizationEssay

specificsofwhatourorganizationrequiresincleaningourfacility.Thesolutionforthiswillcomebywayof developingaRequestforProposal[emphasisadded]andtoestablishaspecificcontracttypethatwilladdressthe needsofourorganization.Thecleaningservicesorganizationthatweofferthecontracttoomustunderstandthe specifictasksthatwewantthemtoperform.Forstarterstheymustprovidecommercialcleaning.Thespecifics wouldinclude,cleaningofdraperiesandupholstery

ContractualtermsinastandardformcontractandtheimpactofstatutesonthesetermsP4:Describethemeaning oftermsP5:ExplaintheeffectoftermsTaskUsingtheVodafonecontractprepareabriefingsheetdescribinghow statutesaffectcontractualterms.ï½Youshouldincludethefollowing:ï½Adescriptionofexpresstermsï½A descriptionofimpliedtermsï½Identifyanddescribethestatutesandregulationsaffectingcontractualtermsï½ï½ (Remembertoillustrateyouranswerwithexamples...

CaseStudyOfRuggedMobileCompany

WhitePaperModularity(Parent–ChildGeneology)November2014TableofContentsAbstract11Clarify& TesseractContractManagement21.1ClarifyServiceSystemstoallowModularServiceswith2options.21.1.1 ModularComplete21.1.2ModularLite21.2TesseractServiceSystemstoallowModularServiceswith2 options213SupportPrograms320Tesseract&ClarifyItems330Billing340ItemMaster450Customer MasterLevel46.0DFW&TesseractDepotRepair46...

LawIsASystemOfRulesDesignedByASociety

LawisasystemofrulesdesignedbyasocietytorestrainunwantedbehaviorandmaintainsorderLawhelps decidewrongandrightinasociety,givesvoicetotheweakanddiscouragesthemight-is-rightphilosophy.Nearly everystateinthisworldhasdesignedlawsthathelpgovernitspeopleThefirstsetofwrittenlawscalled'The CodeofUr-Nammu'weredesignedduring2100-2050BC.Theselaws,statedbytheNeo-SumerianKingofa Mesopotamiancity,provedtobepioneerintheformationoflegal...

beidentified.Furthermore,thevariouscontracttypeswillbeexplained.Asourcecriterionthatwouldbe applicabletoanyprojectwillbedescribedandthreecriteriathatwouldapplytomostprojectswillbeidentified Ananalysisoftheethical...

ThePurposeOfAThirdPartyBeneficiaryContract

thirdpartybeneficiarycontractandexplaintwocommontypes.Athirdpartybeneficiarycontractisintendedto provideathirdpartycontractualrightsThetwomostcommonareCreditorBeneficiaryandDoneeBeneficiary (Miller,2016).Acreditorbeneficiaryisparticipantonepromisespartywhompromisesthattheywillpayadebt thatparticipanttwoowestoathirdparticipantAstheintendedbeneficiary,partythreecansuepartyonedirectly toenforcethecontract(Miller,2016).Participant...

DefenseContractManagementAgencyPaper

ContractAdministratorSep2010-Jan2013DoD,DefenseContractManagementAgencyRaytheon-Tucson, Tucson,AZServedasContractAdministratorinprogramorientedContractAdministrativeOfficefortheRolling AirframeMissile(RAM)programmanagingcontractswithover$1.6billiondollarsinobligationsandspanningall acquisitionphasesfromSystemDevelopmentandDemonstrationthroughFullRateProduction,Repair/Rebuild andfinaldisposition.Performedallcontractadministrativeduties...

Thefixed-price-incentivefeecontracthasceilingprice,whichisexpectedtocoverallpotentialriskAfterthe allocatedbudgetfortheprojectissolidifiedthentheprofitsharingformulaisputintoplace.Thisprofitsharing formulawillhelpcontractorstofocusoncontrollingcostandmeetingprojectobjectivesinreasonabletimeline Anexampleoffixed-price-incentivefeecontractwouldbebuildingaprivateCatholicschoolwithrequired performancerequirementsThecontractorswill

FederalContracting

FederalContractingActivitiesandContractTypesSandraGreeneBUS315Dr.LenaMaslennikova10December, 2012FederalContractingActivitiesandContractTypesThispaperwilldiscussBoozAllenHamilton.Itwill brieflydiscussitshistoryandthengointowhotheyaretodayFinally,itwillcoveramajorcontractthattheyhave recentlyacquiredalongwithafewparticularsofthatcontract.EdwinG.Boozstartedhisfirst...

TheLegalAspectOfElectronicContractsEssay

environmenthasbecomemoreflexibletoaccommodatetheelectroniccontractsintermsofplace,space,distance andpayments.Generally,e-commerceisoftenassociatedwithaformofbusinessinformation,differentproducts andservicestransmittedthroughcomputernetworksTherefore,withtherapidgrowthofe-commerce,thereisa rapidadvancementintheuseofelectroniccontracts.However,thedeploymentofelectroniccontractsposesmany challengesatthreelevels,whichincludeconceptual,logical...

Chapter20AgencyNB:TYPEindicatesthataquestionisnew,modified,orunchanged,asfollowsNA questionnewtothiseditionoftheTestBank.+AquestionmodifiedfromthepreviouseditionoftheTestBank.= AquestionincludedinthepreviouseditionoftheTestBanktrue/falsequestions1Agencyrelationshipsdonot permeatethebusinessworld.answer:FPAGES:IntroductionTYPE:NBUSPROG:AnalyticAICPA:BB-Legal 2Thetermfiduciaryisattheheartofagencylaw

ALargeInvestmentProjects

andquantified.•Thenatenderingprocessisestablished,tendersareevaluatedandasupplierchosen.Atthis stageacontractisdrawnup,withspecificationsforperformance,standards,timelines,etc.tomanagethe relationshipbetweenthebuyerandseller•Thefinalpartoftheprocedureistoconcludethebuyer/seller relationshipbycompletingandsettlingthecontract.Anyoutstandingissuesshouldberesolvedatthisstage. Throughoutthelifecycleofaproject,productsandservices

LawandCarCompanyEssay

atthiscasescenariothereseemstobeonlyonepossibleoutcomeforthisscenario.Jeffwasunderageatthetimeof contractandunderthelawthiscontractwasnotvalidStevethesalespersonwascompletelyliableunderthelaw forenteringacontractwithanunderageminor.Asacarcompanyrepresentativethereisprotocolwhichmustbe usedwhenenteringintoanycontractandamajorpartofprotocolistoensurethatbothpartiesareoflegalageat thetimeofsaleAnotherpossibility

ProcurementStrategyforaConstructionProjectEssays

asuitableprocurementstrategyforaconstructionproject,therearesomeissueswhichneedtoconsiderFromall ofthoseissues,thereare3bigissuesthatmainlyaffecttheselectiondecisionwhicharetime,costandquality. Thereisseveraltypeofprocurementstrategyavailableinmarketthatcommonlyusedforconstructionprojectand eachofthecommonmethodwillbeanalyzeandcomparetofindthemostappropriatemethodforthisproject.The choiceofprocurementstrategyisveryimportant

ContractLawsinAustralia

(i)FocussingonlyonthecontractlawissuesraisedbythesefactspleaseadviceJosephandAdcomPtyLtdasto whatlegalrightsfollowfromtheabovementionedfacts.AllAustraliansareaffectedbytheContractlawsstarting frombuyingasandwichtosellingahouse,hiringcontractorforanyfunctionorgettingengagedinajointventure TheenforcementofpromiseisgovernedbythegeneralrulesofContractLaw.Nowtheserulesofcontractlaws arenormallyderivedfromthedecisionsmade

ConstructionManagementAndConstructionProjectManagement

processtoschedulingaprojects.Alsolearnedthevariouscontractsandlegalstructureofaconstructioncompany. OverallthissemesterIlearnedtheoverallknowledgeofconstructionmanagementThefirstthingwelearnedwas thebidpackageprocess.Abidpackageisacombinationofalldrawings,proposalform,generalcondition,special condition,technicalspecification,estimatesandbidbondsrelevanttoaconstructionproject.Acontractisbasedon thebidpackageAfterthecompletionofthe

oftheindustryorinnerworkingsofafirmis:2(TCO3)Howaretheprocurementresponsibilitiesdivided betweentheprojectmanagerandcontractadministrator?3(TCO4)WhatisthedifferencebetweentheCost-PlusPercentage-Fee(CPF)contractstructureandtheCost-Plus-Fixed-Fee(CPFF)contractstructure?4.(TCO5)To assesstheimpactofÂacontractonboththebuyerandseller,ananalysisofexposurecanbecompleted Categoriesanalyzedinthisexposureanalysisincludeallofthefollowing...

AcmeFireworksIsASoleProprietorship

Inthisproposal,IwillDetermineifthecontractswiththebusinesseswillbegovernedbycommonlaworthe UniformCommercialCode,Analyzewhethertheverbalagreementdiscussedbetweentheownerandretailer meetsthefiveessentialelementsofanenforceablecontractIwillalsoexplainthepotentialpersonalliabilityto AcmeFireworksifaspectatorisinjuredbyastrayfireworkfromafireworksdisplay,aswellasthedifferent employmenttypesand...

TheConstructionOfACompany

noexperienceinlaw,buttheyatleastneedtohaveaclearunderstandingoftheirworkinvolvingcontract construction.Therenotalwaysgonebeatimewereprofessionalwillhavetimetoconsultlawyersonconstruction andbidcontractsWhenitcomesdowntobiddingandcontractbargainingtheheatonconstructionprofessionalis blistering.Profitismostlythereasonforbiddingonacontract.Tobecomesuccessfulinbiddingaconstruction companyhastohaveagreatbackgroundforgreatwork...

GovernmentAcquisitionContractRequirements

GovernmentAcquisitionContractRequirementsGovernmentcontractsvarygreatlyfromtypicalbusinessor commercialcontractsinseveralareasTherearevariousrequirementswithinthefederalcontractthatarerequired bythegovernmentsuchashowtomanagechangeswithinthescopeofthework.Howacontractendsoris terminated.Lastly,managingpaymentsandbuyingpatternsfordifferenttypesofcontracts.AcquisitionPlanning Afederalcontractingofficerisassignedthetaskofworking

ExamplesOfDonaldTrump'sBreachOfContract

TrumpsBreachofContractIntermsofbusiness,contractsarereallyimportant,theyareanagreementbetweentwo ormorepartiestoprovideaproduct,performaservice,orcommitanactTherearemanydifferenttypesof contractwhichhavedifferenttermsandconditions.Thesetermsandconditionsarealwaysenforcedbylawand breakingthemcanresultinactionssuchasfinancialpenaltiesSomeexamplesofdifferentbusinesscontractsare; partnershipagreement,billofsale,independentcontractor...

IDIQ-MACContractCaseStudy

TheNavyisevolvingitssurfaceshipmodernization,maintenanceandrepaircontractingstrategytoimplementa "family"ofcontractapproachesthatwillmaximizeoptimizecompetitionandtheuseoffixedpricetypecontracts acrossthespectrumofsurfaceshipavailabilities.•Thisapproachwillleveragemultipletypesofcontracts, "right-sized"tobestcompleteeachtypeofshipavailability,reflectingthespecificsofthevolumeofworkforeach shipclassandtheindustrialbaseineachport...

WhyDoMusclesContract?

Therearethreemaintypesofmusclesskeletal,cardiac,andsmoothmusclesMostofthemcontracteverytimewe move.Manymusclesmustcontracttomovethebonetheyareattachedtoortoprovideresistance.InthisessayI willtalkaboutthedifferentwaysmusclescontractIsometricmusclecontractionsoccurwhenthemusclecontracts butthereisnomovement.Forexamplewhensomeoneholdingawallsitposition.Isotonicmusclecontractions resultinmovementTherearetwotypesofisotonicmuscle

CommonLawAndTheUniformCommercialCode

inisabusinesscontractanddespitewhattypeofbusinessapersonruns,byhavinganunderstandingofcontract lawisakeytocreatingsoundbusinessagreementthatwillbeenforceablelegallyincaseadisputearises(Find law)Normally,contractsaregovernedandenforcedbythelawinthestateinwhichtheagreementwasmadebut dependingonthesubjectmatteroftheagreementsuchaspropertyleaseandsalesofgoodsthusacontractmaybe governbyeitheroneortwotypesofstatelaw,namely;

RevenueValueAndLiabilityRecognitionEssay

particularlyontheearningprocessitself,whichcharacterizesIncomestatement.Thisapproachcreatedmultiple problemsFirst,thesametypesoftransactionsindifferentindustriesweretreateddifferentlySecond,thereisa difficultytoapplytheprincipletothecomplextransactions,whichincludemultiplegoodsandservicesaswellas long-timecontracts.Toilluminatetheseissues,onMay2014FASBandIASB...

thecontractfinalization,caremustbetakenasovertimethemarketswitchesupandwhichunveilsallassociated risks.Itisatthistimewhereacompanyreapsthebenefitsofallthenegotiatingandgettingtheiroffersapproved bytheContractingOfficerMikeMaloneInc(MMI)offeredfixpricestotheNavyandshouldalsolookattheir employeepay,materialsneededandqualityofworktobedone.ThecompanyfunctionsundertheHUBZoneand havejustbeenawardedtheflooringcontractfor

ProcurementStrategyForAConstructionProjectEssay

asuitableprocurementstrategyforaconstructionproject,therearesomeissueswhichneedtoconsider.Fromall ofthoseissues,thereare3bigissuesthatmainlyaffecttheselectiondecisionwhicharetime,costandquality. Thereisseveraltypeofprocurementstrategyavailableinmarketthatcommonlyusedforconstructionprojectand eachofthecommonmethodwillbeanalyzeandcomparetofindthemostappropriatemethodforthisproject.The choiceofprocurementstrategyisveryimportant

WhatIsACommodity?

ordertofacilitatethevillagestoscaletheirlocalproducedgoods.TheChicagoBoardofTrade(CBOT)wasthe firstcharteredcommoditymarketestablishedin1849inordertoensureafairtradingFewyearslaterChicagoin 1865introducedfuturecontracts.In1870Chicagomoved60millionsofbushelsthatshowthesuccessofthe marketinitsearlyphases.Lookingatthesuccessthefederalgovernmentbeganorproperlyregulatesthemarket. Achronologicalsummaryofcommoditiesmarketisgivenhere

DepartmentofcivilendenvironmentalengineeringTempleUniversity,PhiladelphiaFall2015TermPaper: ConstructionContractCourtCases•BooneColemanConstruction,IncvsVillageofPiketon•JD Eckman,Inc.Vs.PennsylvaniaTurnpikeCommission.Submittedto:Dr.PhillipUdo-inyangInpartialfulfillment oftherequirementsforthecourse:CEE3311-ConstructionEngineeringDoneBy:ImadBarrouhDueDate:

FixedFeeContractsResearchPaper

1.Explainwhatareroyaltyratecontractsandfixed-feecontracts.Whatisthemaindifferencebetweenthem?

Royaltiesaredisbursementsproducedbyanorganizationoralicenseetoanotherorganizationorlicensorin exchangefortherighttouseintellectualpropertyorphysicalassetsownedbythelicensor.Royaltyagreementsare dividedintotwotypesofagreementsAFixedprice-per-unitagreementcompensatesthelicensorafixedpricefor everyproductorservicesoldbythelicenseeRoyalties

IsThereABreachOfContractBetweenBothParties,BecauseIf Revoked?

1.Isthereabreachofcontractbetweenbothparties,especiallyifrevoked?Acontractisveryclearandconcise, regardingitscomponentsandrequirementsHence,itincludesanoffer,acceptance(bybothparties),and consideration.TherewasanintentbyJennytobuythecar,"Iaminterestedinbuyingyourcar",followedby considerationwhichshowsarelianceontheownersellingitfor$23,000Theoffereeallegedly'agreed'tothis 'offer'byhisperformanceforthepromisemade,"Iwill...

TheContractAndProcurementManagementProcess

ParwinderjeetsinghStudentID:UIT07415Assessment11DescribetheContractandprocurementmanagement frameworkasappliedtoprojectmanagement?Theprojectprocurementmanagementprocessesincludes:1.plan purchasesandacquisitions–determiningwhattopurchaseoracquireanddeterminingwhenandhow2plan contracting...