Course Assignments
Letter of Intent
Rationale for this assignment
This agreement illustrates an approach parties may take as they work toward a purchase and sale transaction.
Assignment Description
In one (1) page, for the Letter of Intent, prepare for class and use your paper to provide evidence of your work so that it demonstrates that you have considered carefully the following: Identify and discuss two (2) contract terms for study in agreement. Consider the interests of parties. Issues, Priorities, Concerns. Describe the differing positions parties may take when negotiating material portions of these agreements. Give reasons for the differing positions that might be used by each party to justify their proposal. Assess risks; rank advantages and disadvantages of options for negotiation positions.
READING: Context can be found in Case 6.6 page 149 of the 13th edition of text ( case 7.6 page 155 of 14e ). Use your mind for critical thinking and analysis of the terms of the contract.
Thus, Rubric weighting focuses upon evidence of consideration of context using well defined terms, evidence of careful reading of agreement and excellent reflection on that case study. Submission’s content responds comprehensively with all tasks in the instructions for the assignment. It critically evaluates alternatives considering costs, consequences, business priorities and risk analysis. Conclusions regarding consequences and implications are logical and reflect informed evaluation of priorities and all due consideration of opposing viewpoints, demonstrating an outstanding consideration of the interdependence of terms of agreement, different perspectives & trade-offs. Ambiguities are explored and good questions posed.