Consider the following questions:
Per the FARs, define what a contract is, and explain the elements of a contract.
Additionally, what is the difference between "Common Law" and "Administrative Law"?
Finally, why do we have a contract negotiation process?
Instructions:
Your initial post should be at least 250 words. Please respond to at least 3 other students. Responses should be a minimum of 100 words and include direct questions.