Homework
You have recently returned to your hometown and have had several dinners with friends who admire the widgets you have created to sell. They encourage you to open a small business. Your friend, Sam said he will help bankroll this venture which he feels can be local as well as international.
You are scheduled to meet with Sam who has asked you to draft out provisions of the contract.
i. Identify the provisions and issues you would want addressed in this contract?
ii. How would these provisions change for a local or international contract?
iii. How will you protect yourself from breaches of contracts?
iv. Research a company that has dealt with breaches of contracts.
What can you learn from their experience and how will you apply that to your new business contract?
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.