Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Contract management is defined as a process of managing the contracts or agreements from their initiation through tio their execution by the chosen party and to the eventual termination of the contract.
Key elements of the contract management process include.
1. Offer and acceptance
2. Legal capacity
3. consent
4. Consideration
'5. Void contracts
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