02 May Question The Legal EnviromentDraft a simple contract for a small co
Question
The Legal Enviroment
- Draft a simple contract for a small construction project (remodeling a suite of offices or the interior of a store, for instance) under which a businessperson hires an independent contractor to do the work. Consider the points of view of (1) the businessperson (employer), (2) the contractor, and (3) a subcontractor. Be sure to address the following:
- What clauses would each party want in his or her contract to assure satisfactory performance by the others?
- How specific should the details regarding the work be?
- To whose advantage is it to be specific?
- What recourse would each party have if the others did not perform? Should that be spelled out in the contract?
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