Explain the importance of legal and contractual management in supplierrelationships. Discuss the key elements that should be included in suppliercontracts to mitigate legal risks and ensure compliance.$(10)3\mathrm{.}2$ Evaluate the impact of contractual breaches on supplier relationships and businessoperations. Discuss strategies for preventing and addressing breaches effectively.$(10)3\mathrm{.}3$ Discuss the role of alternative dispute resolution mechanisms in resolving conflictsin supplier relationships. Compare and contrast arbitration, mediation, andnegotiation as methods for resolving disputes, highlighting their advantages andlimitations.$(10)$