How will you prepare and negotiate a contract?

Expert Solution

Issues between two parties is resolved with the help of negotiation, if we consider contract negotiation means we are dealing with contractual agreement. Both party have negotiators for their own benefits, but if someone have less knowledge of corresponding things then they may end up with loosing side. Therefore a good negotiator must prepare very well before meeting, he must consider minutes things while preparing before meeting. There are many things needs to be consider in meeting for contract negotiation such as contract terms, contract duration, contract price etc. Therefore party must aware of all these things as per market standards otherwise it will cost more. Therefore in contract negotiation only preparation is most important things, if parties aware of that, they will feel easy for negotiation otherwise, takes time and disagreement.

Note- please find me in comment box if you find any difficulty. Good luck

Manojponduru answered 9 months ago

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How will you prepare and negotiate a contract?

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