Question
Task 1.8 Common contract terms and procedures from standard contracts are often misinterpreted. Explain the two contract terms and procedures listed below. i.Retention monies ii.Progress
Task 1.8
Common contract terms and procedures from standard contracts are often misinterpreted. Explain the two contract terms and procedures listed below.
i.Retention monies
ii.Progress payments
Describe the meaning of these contract terms and explain the procedure that the MBA standard contract uses to implement the term (you can find the Standard MBA Trade contract at https://www.mbansw.asn.au/store/residential/standard-trade-contract ).
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Business Law Text and Cases An Accelerated Course
Authors: Roger LeRoy Miller
14th edition
1305967291, 978-1337514439, 1337514438, 978-1305967298
