re-write it in different words 512-Case Study #2 Report. Microsoft word es Maili
ID: 2545732 • Letter: R
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re-write it in different words
512-Case Study #2 Report. Microsoft word es Mailings Review View Normal 1T No Spaci... Heading 1 Heading 2 Heading 3 Title Paragraph Styles Abstract The case study is about a debate and argument which had taken place in a turnkey international project of half-a billion dollar between the supplier which is a European company that makes a living building industrial plants and the owner which is a state-owned manufacture from the Middle East. Since this project was a turnkey project, the contractor was responsible for supplying all the equipment that matches the requirements of the owner specified in the contract. The contract had a condition that for every piece of the hard special cooling device ware that the contractor delivered for a project had to be physically accepted and taken in property by the owner's committee of experts and this process was called as physical inspection and acceptance Statement of the ProblenmExplanation / Answer
Solution: The case study primarily concentrates on the essentials of terms and conditions in the execution of the contract in legal terms. In this case study, there is a contract named " International turnkey project" between two parties. Some of the brief details of the contract are given below:-
(1) The contract is held between two parties worth half a billion.
(2) Two parties are involved i.e., supplier (a European company) and owner ( Middle East)
(3) The contract is executed on the basis of the following conditions:-
Condition 1: The material will be supplied by the contractor as per the specifications of the owner.
Condition 2: The material or device supplied will be examined and approved by the owner's committee of experts before giving final acceptance.
(4) The basic premise of the case study is to ensure the quality of the material which can be examined through physical inspection and acceptance.
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