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Question 4 Explain with an example for each of the following three (3) types of risks of purchasing contract default. How would you draft the

Question 4

Explain with an example for each of the following three (3) types of risks of purchasing contract default. How would you draft the contract to address each of these risks?

a) Related to performance of the contract

[7 marks]

b) Related to contracting companies

[7 marks]

c) Related to the surrounding environment

[6 marks]

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