114k views
3 votes
Identify the reasons why you, as an office manager, would want to review the new
contract?

User KenFar
by
7.6k points

1 Answer

3 votes

Answer:

If a contract is to be entered both Commercial and Financial terms are to be considered: The Following terms should be carefully analyzed: Term of the contract: The term of the Contract is very much important, as the resources shall be required during the term of the Contract. Amount of the Contract: The amount of the contract is the another important factor which is important, as the amount is a consideration which shall be received once the contract is executed. Governing Laws: The governing law is the another factor which is to be considered, as in case of a dispute the laws of which countries shall be applicable as in case of a dispute which laws shall be relevant is important to be known. Method of settlement of dispute: This clause shall state that how the dispute amongst the parties shall be resolved; say in many cases the dispute is settled through the appointment of the Arbitrator

User Gpilotino
by
7.8k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.