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Contract Creation And Management 5

Contract Creation and Management

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Title: Contract Creation and Management

Essay Details:

Subject: Business

Author: Donald K

Date: April 7, 2011

Level: University

Grade: A

Length: 8 / 2255

Essay text:

The performance, or lack thereof, by one party becomes very important in determining the rights and duties under the contracts (Corley, Morehead, Reed, & Shedd, 2005). The only way for each party to understand if they are meeting the performance criteria of the agreement is to provide specific definitions related to each performance area of the contract. Less ambiguous language will also provide an easier time of mediating a breach, if it becomes necessary (University of Phoenix, 2002). Below are the new terms containing the revisited language pertaining to the right to terminate the agreement, the actions of those rights, and the definitions of the acceptance criteria...

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