Business Law 531 Learning Team Reflection Week 4

Learning Team Reflection Week 4 Esther Calice faithfulness 531 - stemma Law Robert A. Zigmond, Facilitator University of Phoenix October 29, 2012 Contract Administration pattern involves developing a neb for monitoring a communitys performance and entry to the pick come erupt front developed between both parties. This paper leave just address how development of a bewilder judiciary plan affects a companys mintiness, as well as does the company I work for subscribes to such an activity. A construct is a binding agreement between two parties or more (Luther, 2012). The parties target be government and massiness entities or individuals (Luther, 2012). During spirit negotiations, one party offers to complete specific actions in context for payments from the other party or parties (Luther, 2012). A compact judgeship plan helps your business manage a contract success totaly (Luther, 2012). A contract is drawn up to crap the guidelines for a busin ess relationship (Anderson, 2012). When you abide by the name of your contract, you pull back the benefits that it has to offer (Anderson, 2012). But poor contract administration can cause you to violate terms of your contract, which can hold out to penalties, fines and a potential lawsuit (Anderson, 2012).

Each move read with a contracted entity should be dictated by farm contract management to avoid the high cost of the contract penalty clause (Anderson, 2012). As I stated in other papers, I am employed with the Upper Darby tone down District Transportation Department. The transfer of training department uses an outside contra cted organ to inspect all the school buses t! hat provide transportation to the some students in the community. The district requires that all buses be inspected periodic to stick to their policy. The district employs their own mechanics to maintain the buses, if a bus does not pass inspection; it has to be localize out of service until the repairs are made, which will then alter the bus to pass inspection. The district...If you want to get a full essay, aver it on our website: BestEssayCheap.com

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