Team,
As you all know suspender Systems centering has been working closely with Citizen-Schwarz AG (C-S) to develop for them a banking software system. I want to just reiterate to you all that this is one of our biggest clients, and that the distill surrounded by Span Systems and Citizen-Schwartz is worth six million dollars! Citizen-Schwarz has an flush bigger order coming up in the future, and if Span Systems wants any piece of it we need to make sure that this find starts running more smoothly. Im sure a few of you have heard the problems going on between Span Systems and Citizen-Schwarz⦠I would like to clarify to all of you on the dot what is happening. As of recent, Leon Ther who is Citizen-Schwarz most influential negotiators has threatened Span Systems Management with the rescission of our rivet with them. Mr. Ther believes that there is a breach of contract due to unaccept satisfactory spirit of deliverables and the occurrence of recent entry slips (Contract and Creation Management). I would like to clarify the exact nitty-gritty of a contract. A contract is a promise or set of promises for breach of which the law gives a remedy, or the surgical procedure of which the law in some way recognizes as a duty (Jennings ¶ 1).
I would like to address the risks that came from this situation as well as ways to minimize them and to reduce liabilities in the future.
The contract that Span Systems Management and Citizen-Schwarz drew up had some(prenominal) articles in it. One of the clauses was Substantial Performance of contract. Under this clause neither bureauy may be able to trigger off this agreement in whole or in part subsequent to more than fifty part of the consideration having been tended by the other. (Contact and Creation Management). Citizen-Schwarz will not be able to rescind this contract since Span Systems completed fifty percent of the project. Citizen-Schwarz may though, be able to fight this saying that the quality of deliverables has been deficient⦠It was not to their...If you want to get a fully essay, order it on our website: Orderessay
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