Explain the purpose for administering a contract


Assignment:

Your boss has asked you to complete the final contract that will become the document guiding the companies in the fulfilling the requirements you have presented in the previous weeks. Revise the Phase 4 draft by addressing feedback suggestions from fellow students and your instructor. You are to provide a white paper that includes the following:

  1. An introduction discussing what topics will be discussed and an explanation of the purpose for administering a contract.
  2. A statement of expectation, also considered the statement of work, defining the c services required.
  3. A request for information using stakeholder requirements from previous phase.
  4. Select appropriate contract format (example, fixed price, cost plus expenses, etc.) and explain why the selected contract type is appropriate for this effort.
  5. Select appropriate terms you desire to incorporate from the Uniform Commercial Code. Provide the UCC designation and the title, not the complete wording in the code.

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Business Management: Explain the purpose for administering a contract
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