Question 1
Explain the importance of knowing basic legal requirements of the contract process. Use the Internet to search for a worst-case scenario for erring on the legal requirement metric. Summarize the article and the error, and include a link to the article in your response.
Discussion question responses should be at least 200-300 words, referenced, and submitted by Thursday midnight.
By Sunday, respond to at least two other discussions started by your classmates. A response is a thoughtful suggestion that might serve to aid your classmate in research or writing. “Great idea” is not a sufficient response, in other words.
Question 2
List three types of procurement contracts and define what types of projects they would be used on. In addition, explain how the contract manages risk and who holds the risk in each example.
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