Running head: CONTRACT CREATION AND MANAGEMENT













Contract Creation and Management
Introduction

Span Systems is a small software firm that was inquired by a large and prominent German bank, Citizen Schwarz AG. C-S must stay a head of the industry so they hired Span Systems to create a banking software for the bank. The software is the largest, most prestigious that Span Systems has acquired. The contract between Span and C-S is a legal valid contract with all the elements essential in making it binding and enforceable. An offer was presented containing a specific promise and a specific demand a consideration of valuables by C-S to pay $6 million to Span for providing them the software, the offer has been accepted by written agreement.
Once the production of services was implemented, there were concerns and problems that arise that could not be resolved because the contract terminology was too ambiguous. Directives were not specific and clear to......

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Title: Contract Creation And Management
Approximate Word Count: 1904
Approximate Pages: 8 (250 words per double-spaced page)

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