Consider the different suppliers - which one would you select? What type of contract would you use? 2. What are the risks and rewards to consider in this case? How can the team balance these risks and rewards? 3. How will you prepare and negotiate a contract? 4. Senior management is asking you to create a draft contract. Based on the information within the case and what you learned in the course thus far, which elements would you include within the draft contract? Why? 5. Senior management would like your guidance on how to handle any contractual mistakes, disputes or breach that may arise. Provide detailed advice.