Contract Risk And Opportunities-Span Systems

To: Span Systems Management Date: 1/26/2009 Re: Recognizing bugger off Risk and Opportunities-Span Systems and Citizen-Schwarz Contracts, no matter how walloping or complex, argon promises negotiated between parties and should be written to see business agreements atomic number 18 fulfillight-emitting diode by both(prenominal) parties. wantonness of purpose is the assay-mark of successful weighs because accepts are never loose of interpretation (University of Phoenix, 2009) and seriously written shortens mass ultimately subdue in breached contracts. In todays markets businesses need ways to ensure that contract fortune and liabilities are minimized and remedies to these risks are maximized. In this memo, I will identify the legal risk and opportunities of Span Systems and Citizens-Schwarz, care how managers can avoid risk with contract issues, minimize liabilities, and receipts from additional opportunities identified. Span Systems and Citizen-Schwarz AG (C-S) entered into a 1 form contract worth $6 one thousand million and if Span Systems can deliver on this contract our political party stands to gain an notwithstanding bigger contract for C-Ss e-CRM order, which is approach shot down the pipeline, however, in order for us to secure this contract our company essential meet and exceed performance standards with the authorized contract.

Currently our proceeding concerning our contract with Citizen-Schwarz (C-S) has not gone as planned and Leon Ther, C-Ss lead negotiator has demanded immediate modify of all mere(a) codes and threatened the rescission of the contract based on claims of deliverables impression on quality and the project being after part register (Univers! ity of Phoenix, 2009). Many of the claims Span Systems face have been the air result of C-Ss change in project instruction and the unidentified scope of the project. Unfortunately, the contract signed by both parties include contract terminology which was ambiguous and had no clear directives, which has led to confusion with both companies. Our ultimate goal with this moot is to...If you wishing to get a full essay, order it on our website: OrderEssay.net

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