Contract management

that a lead based paint disclosure and Megan's Law Disclosure is attached to the original contract form. In addition, here are some important considerations The landlord enters into individual rental agreement with each tenant. Thirty-day notice is necessary for termination of the lease contract. California Month to Month Rental Agreement prohibits less than seven-day notice for termination of the contract. It is necessary to prepare a move in checklist to evaluate the property condition and…

As John F. Kennedy said during the Inaugural Address on January 20, 1961, “Let us never negotiate out of fear. But let us never fear to negotiate” (John F. Kennedy). A crisis-negotiation is when a perpetrator has either taken hostages or holds up within a location refusing to give himself up to the police, in which a negotiation team must become involved. Negotiation originated in the 1970s in New York City, for dealing with crime and political events with distinctive features of hostage-taking.…

11. On May I, Peters, a concert producer, executed two contracts. The first contract was with Selena, a world-renowned singer, which provided that Selena was to perform a concert at Thomas's theater in Manhattan on July 4 for a fee of $200.000. The second contract was with Thomas, the owner of a theater in Manhattan, under which Peters rented Thomas's theater in Manhattan for the July 4 concert for a rental fee of $20,000. Peters sold out in advance all of the tickets for the concert and would…

Significantly, the doctrine of overreaching provides that if the purchase price for property is paid to two trustees or a trust corporation, then the rights of the purchaser will overreach the interests of the beneficiaries under that trust of land. Importantly, Lord Justice Lewison confirmed in the recent case of Mortgage Express v Lambert that overreaching is applicable to ‘any equitable interest’. Regardless, two conditions must be satisfied before overreaching is effective. Accordingly,…

*The potential impact of the impact bias on negotiation is straightforward. If people overall are expected to have trouble determining what they really want because of a tendency to overestimate how to achieve that item will affect their sense of well-being, the other party are also likely to have trouble identifying what they really want in the negotiation for the same reason. In negotiations, some may think that taking advantage of the other party’s mistakes is to your benefit. However, it is…

owned and operated by John Epson, has approached you, the manager of Acme to go over a contract he entered into with several large businesses. Acme is a business that sells fireworks, as well as, puts on aerial and ground displays for local communities. However, John is realizing the limited capabilities of his business under a sole proprietorship. Therefore, this paper will examine the validity of a contract, types of agencies, potential risk, and explain advantages and disadvantages of…

(Williamson, 1976) Opportunistic behaviour can be manifested by contract renegotiation. This causes unnecessary costs and disputes, and causes the private sector to have more power. Contract renegotiation can come from contract incompleteness and information asymmetry. Information asymmetry issues arise because different parties don’t have access to full information, especially concerning the future…

The capital problem the development has not reached the pinnacles of development to guarantee information security. The services as well have not been of essential use in that there is inefficiency in the software developed that link up the data for data entry as well as access to the cloud. In the medical field, a second of blindness in the information database could be disastrous and cloud cost lives and resources invested in the wellness of users of hospital premises (Griebel et. al., 2015).…

A cell phone bill can be one of the most expensive bills you have to pay each month. According to Troianovski, more than half of all U.S. cell phone owners carry a device like the iPhone, a shift that has troubled household finances across the country. Families across America cut back on food, clothes, and entertainment to be able to pay for cell phone plans. Heidi Steffen and her husband used to treat themselves most weeks to steak at Sodak Shores, a restaurant overlooking a lake near their…

A contract is a settlement creating requirements enforced by law. A contract is made up of four elements, which makes a contract valid. These elements are agreement, consideration, contractual capacity and lawful object. Agreement, to make a contract enforceable, there must be a settlement between the parties. This requires an offer by the offeror and an acceptance of the offer by the offeree. There must be mutual assent by the parties (Cheeseman, Henry R (2013). These four elements constitutes…