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Question: This week's discussion question asks you to discuss why, despite the costs, businesses continue to rely on contracts?In your initial post, be sure to
Question: This week's discussion question asks you to discuss why, despite the costs, businesses continue to rely on contracts?In your initial post, be sure to identify and discuss at least three aspects of contracts that you feel provide companies with sufficient benefits to justify the costs.
Note: to help frame this issue, think about contracts in your daily life.For most people, the vast majority of your daily transactions are not explicitly contractual.Things like getting gas in your car, buying groceries or coffee, or shopping at a store are not contract-based interactions.However, if your vehicle is financed or leased, your kids go to daycare, you have a post-paid cell phone plan, or you have a mortgage, your use of these things is governed at least in part by a contract.Why do businesses sometimes sell products or services without a contract yet, in other situations, require a contract?The answer to this question should help you to generate some ideas for your initial post.
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