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What are the characteristics of agreements

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1. What are the characteristics of 'agreements' that are reached between businesses or parties in the industry?

2. What are seven examples of requirements that may need to be satisfied in order for a contract between two parties to be considered valid and enforceable?

3. Explain the role of 'agreements' in business.

4. Explain role of 'contracts' in business.

5. Define what is meant by a 'contract'.

6. What are seven benefits of entering into a written contract?

7. Outline the main characteristics of a 'standard form' contract?

8. What are three examples of 'paperwork' that may support a verbal contract?

9. Identify 12 examples of inclusions in a written contract.

10. What is a 'term' of a contract?

11. What are three methods of contractual agreement?

12. Explain what an 'exclusion clause' is in a contract?

13. What is the 'dispute resolution clause' in a contract?

14. How are contracts most commonly discharged or terminated?

15. Apart from your answer to the above question, what are three other examples of ways in which a contract may be terminated between two parties?

16. Other than legal requirements, what are three factors that impact negotiations and agreements between businesses in the industry?

Reference no: EM132691754

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