Contracting" Please respond to the following:
- From the e-Activity, propose a methodology for assessing the risk in business contracts. Assess the economic impact this methodology may have for the organization.
- Analyze a situation in which both parties entering into a contract could benefit, economically or otherwise, from slightly ambiguous language contained in the contract. Provide specific examples to support your response.
"Organization Form" Please respond to the following:
- Analyze the potential downfalls of any team effort and make at least one recommendation for minimizing risk. Provide specific examples to support your response.
- Evaluate the organization form that would be most efficient in minimizing the principal-agent problem. Provide a rationale with your response.