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Discussion Prompt You are working as the manager of a multispecialty clinic. You have been notified that a patient has filed a lawsuit against one of your physicians that has terminated a relationship with a patient. Executive management has asked you to prepare a memo to describe whether a patient can make a successful claim […]
MGT 516 Legal Implications in Human Resource Management – Case Assignment You are an HR Manager for a large sheet metal manufacturing company. One of your largest customers has just secured a major office furniture contract with the federal government. Your customer wants your company to become a subcontractor for the project, making all of
Candie Cardigan as a representative for CARDWARE has decided to auction her strapless giraffe print dress made of silk, satin with velvet markings. This particular dress was used in a movie filmed in S. Africa. The dress had been show cased among other famous dresses in the Silkadonia Actors Guild Museum. Cassie Cardigan was chosen
The Department of Defense plans to issue a $400,000 government contract to a company that specializes in drone navigation technologies. As a result, a government auditor has been contacted to examine the operational data VectorCal and one competitor (previously identified as NavoTech) in order to decide which company should win the government contract. Note: You
Contract managers perform various duties over the course of a contract. To begin with, they control variations to the contract in terms of change of policy, quality, quantity, price, timing and delivery. Variations in this case refer to the amendment of a contract which changes the original terms and conditions of the agreement. Contract managers
There are distinct differences between a contract and a strategic initiative. First, a contract is an agreement that is legally binding between two or more parties, while a strategic initiative in an organizational tool that helps in achievement of organizational goals. Strategic initiatives are seen as means over which an organizational vision is transformed into
What is Contract? A contract is basically an intended plan concerning two or more parties and which is enforceable by law as a legally binding agreement. What are the components of a legal contract? The contract is only considered to be valid and legal if it contains the six essential components. One of them is
The social contract theory holds that in earliest history man lived in a “state of nature.” No government existed. Each man was only as secure as his own power and mental awareness could make him. By agreeing with one another to make a state by contract, men within a given area joined together, each surrendering
Evaluate the importance of the standard default clause. As a contracts officer for the IRS, suggest two (2) ways in which you could combine the standard default clause with the FAR’s delay provision for the protection of both parties to the contract. The standard default condition permits the central government to end an agreement for
Introduction Contracts are agreements, which are legally enforceable and binding. The parties to specified contracts enter them out of their own accord. The contracts are formed when the attendant offers are accepted by the parties another according to Hanami (1979). The parties ought to have intentions to be bound lawfully by the provisions constituting the