Draft a simple contract for a small construction project (remodeling a suite of offices or the interior
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Question:
Draft a simple contract for a small construction project (remodeling a suite of offices or the interior of a store, for instance) under which a businessperson hires an independent contractor to do the work. Consider the points of view of (1) the businessperson (employer), (2) the contractor, and (3) a subcontractor. Be sure to address the following:
- What clauses would each party want in his or her contract to assure satisfactory performance by the others?
- How specific should the details regarding the work be?
- To whose advantage is it to be specific?
- What recourse would each party have if the others did not perform? Should that be spelled out in the contract?
Related Book For
Management Science The Art of Modeling with Spreadsheets
ISBN: 978-1118582695
4th edition
Authors: Stephen G. Powell, Kenneth R. Baker
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