Contracts Essays

International Contracts

The present research endeavours to situate international contracts within the context of international dealings transnational construction parties. It is hoped that the results will show the prevalence of international contracts in the business as well as the role which they play in concluding deals. Previous research (See Appendix 1) conducted in this field has shown that construction contracts are indeed accomplished between international companies. However, the precise role that international contracts as legal documents have on the relations between a…

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Exchange Rates and Forward Contracts Analyses

The appreciation of the Australian dollar would affect the investor in a positive manner. When the U. S. firm invested in Australian dollar in the Australian money market, consequently the returns would be in Australian dollar, there would be a gain on the side of the U. S firm. This would mean that the return in U. S dollar would be greater after Australian dollar’s appreciation. When the U. S firm has to repay the borrowed money in Japanese yen,…

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Force Majeure in Construction Contracts

In handling a project, one of the most important is looking at the project plan. In the project plan, it almost includes all the necessary information from the high level up to not so much low level or details of the project. It is also the starting point of any project which is being initiated mostly by over-all project manager, Project manager must not only look at the financial or what we call budget or the resources that will be…

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