Question: 1. a) Explan FIVE(5) resources that are required for offechive contract management (b) Explan, using ONE(1) examples for each, the following types of contractual risks

1. a) Explan FIVE(5) resources that are required for offechive contract management

(b) Explan, using ONE(1) examples for each, the following types of contractual risks

i. Internal risks

ii. Market risks

iii. Economic risks

iv. Legal risks

(b) Explain the FOUR(4) main strategies(4T's) of dealing with risk.

2. Final year students of the Wesleyan mission School decided to hold a party to

celebrate the successful end of their three-year degree program. In line with this

Cecision they contributed a torol arlount GHS 30.000 The amount was paid to Cocina

Regentrotel in Accra, to organize the event for them. The date set for the event was

30th April 2017. On the 29th April, the Ghana Broadcasting Corporation carried a news

item which said that the Coconut Regency hotel has been gutted by a midnight fire,

leaving the entire hotel in ashes. This news brought unnecessary tension and agitation

amongst the students

Required:

Using appropriate case law advice the students in respect of any remedies which

could avail them.

b) Explain any five(5) disadvantages of using litigation in settling contractual disputes.

3) With the aid of relevant cases, explain how the battle of forms are resolved.

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