Sample Essay on:
Contract Negotiations

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Essay / Research Paper Abstract

This 5 page paper discusses contract negotiations and answers specific questions about the process. Bibliography lists 4 sources.

Page Count:

5 pages (~225 words per page)

File: D0_HVconneg.rtf

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Unformatted sample text from the term paper:

a contract: If a contract is to be legal and binding, certain elements "must be included and agreed to by all parties involved (Elements of a contract, 2008). If one or more of these provisions is left out, the contract could be held null and void in a court of law, leaving the parties without recourse in the event of a dispute. The most important elements of a binding contract are as follows (there are five elements listed by this source, others have four): first, all parties must be in agreement "for the contract to be legal and binding" (Elements of a contract, 2008). No matter what the actual specifications of the contract entail, all parties must sign; their signatures "show the partys willingness to entire into the contract and thus, his or her agreement" (Elements of a contract, 2008). While courts do sometimes recognize verbal contracts, it has a better chance of being upheld if the contract is in writing (Elements of a contract, 2008). This is because "a written and signed contract is proof of the partys agreement, whereas a verbal contract can be easily denied and disputed in court" (Elements of a contract, 2008). If a contract refers to a number of parties but their signatures are not on the contract, it will "most likely be considered void in a court of law" (Elements of a contract, 2008). The next element in a contract is an "exchange of goods or services" (Elements of a contract, 2008). One party provides something to the second for some kind of consideration, for example, "if you sign a contract with your local cable company, the goods you will be receiving is defined as the cable service" (Elements of a contract, 2008). The exchange comes in when the cable subscriber pays ...

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