Law 531 Week 3 Contract Creation and Management Simulation

Running head: Contract CREATION and management

Contract Creation and Management

Recognizing Contract Risk and Opportunities Memo

??Resources: Contract Creation and Management Simulation

??Conduct the Contract Creation and Management simulation, located on your student

website.

??Identify the legal issues present in the simulation and note the legal principles that

apply to each legal issue.

??Reflect on the legal principles presented in this week's readings.

??Prepare a memo in which you discuss the legal risks and opportunities that are in the

simulation, and complete the following:

o Identify what a manager might do to avoid those risks, to minimize liabilities, and

to benefit from opportunities. Each legal risk or opportunity is...