Explore BrainMass

Explore BrainMass

    Best practices for a contract negotiation process

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    In reviewing the proven best practices for the contract negotiation process, which portion of the process would be the most difficult to carry out--planning, conducting, or documenting and forming the contract? Which would be the least difficult? Is one portion more critical than the others? Justify your answers.

    © BrainMass Inc. brainmass.com June 4, 2020, 1:13 am ad1c9bdddf
    https://brainmass.com/business/business-law/best-practices-for-a-contract-negotiation-process-385938

    Solution Preview

    In reviewing the proven best practices for the contract negotiation process, which portion of the process would be the most difficult to carry out: "planning, conducting, or documenting and forming the contract?

    Answer:
    Conducting the contract negotiation process is the most difficult. We are talking here of two entities with opposing interests. The other party can be cunning and wants to get the most with little sacrifice. This is also true with the other party. Striking a balance between the two opposing poles with one group trusting the other is the best solution. Remember that in the negotiation process, according ...

    Solution Summary

    This solution reviews the proven best practices for the contract negotiation process of planning, conducting, or documenting and forming and which portion of the process would be the most difficult to carry out/the least difficult.

    $2.19

    ADVERTISEMENT