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Emerge regarding contracts and payment structures

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Reference no: EM133329780

Questions

1. What are some obstacles that may emerge regarding contracts and payment structures?

2. What are some contractual elements that may prevent these obstacles or protect the parties involved?

3. What would be examples of "penalties" that can be incorporated into a contract?

4. What are the benefits of this to the contractor, and what might be some reasons not to include penalties?

5. Are all contracts voidable? Why or why not?

Reference no: EM133329780

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