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Need help with this case study on urgent basis if anyone can help please that will be greatly appreciated. No anonymous comments or answers please.
Need help with this case study on urgent basis if anyone can help please that will be greatly appreciated. No anonymous comments or answers please.
- Define who authored each of these contract samples, the buyer or the seller. Is there an advantage to being the author? Defend position with a few statements to support answer.
- Who bears the most risk in these examples? How could the risk be mitigated or minimized?
- Review the Service Guarantee in the fixed price example. Would this clause be satisfactory if you were the buyer in this example? If not satisfactory, what would you change/include that would make it more palatable to the buyer?
- In the time and materials contract, how are the costs for the time and materials captured? What are the mechanisms for relaying this information to the buyer?
- Which contract sample best represents the intent of that type of contract? Support contract selection with a brief description of why that contract sample best represents the intent of the contract.
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