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Business law w4 learning activity template Background: Contracts are essential for business and will be an integral part of Viral Clean’s ("Clean") operations, so the owners now want to focus on contract law. Each owner has experience with contracts in their businesses and appreciates the probable risks and liabilities associated with contracts. They also know that contracts should be comprehensive, clear, and specific to avoid possible disputes with employees and clients. The Clean owners know that there are various types of contract agreements relevant to their business. Clean will have individual contracts with employees, independent contractors, and other agents representing the company. Also, Clean will engage in sales contracts with other businesses, consumers, and clients. The owners want all contracts to be written to reduce disputes and risks and liabilities associated with contracts, with specific, complete, and unambiguous terms. Contracts must define the rights and responsibilities of the parties. Also, since employees and independent contractors will be performing cleaning services on clients' properties, these contracts should require bonding for all employees. You, Winnie, and Ralph presented draft contracts for Clean's employees, including different contracts for cleaners, office managers, marketing specialists, sales representatives, and IT employees. The Clean owners reviewed the drafts and have some questions about the contracts. https://www.entrepreneur.com/encyclopedia/bonding Background Facts You Need to Know: At Winnie's and Ralph's request, it is your responsibility to research and provide answers to the Clean owners' questions. As an example, Winnie, Ralph, the Clean owners, and you have determined that Clean's contract with its cleaner- employees will include the following terms and conditions: • specific duties to be performed by cleaner-employee • salary for cleaner-employee • work hours • terms of payment for overtime or holiday work, if any • sick leave • vacation leave • training requirements for cleaner-employee • length of contract • bonding for cleaner-employee • periodic performance evaluation and how it will be conducted • termination of the contract, i.e., a notice of termination, etc. • Instructions This is an application-oriented Learning Activity. You will not find verbatim answers anywhere. Engage in critical thinking and review all this week's assigned readings in Overview. You may also need to review previously assigned materials in weeks 2 and 3. Report You Need to Prepare: To begin developing a contract between Clean and its cleaning clients, prepare a report that addresses the following (note that this is for a contract with Clean's clients and not Clean's employees). 1. Identify three contract terms and conditions - other than price – that Clean would want to include. The analysis must explain why these terms would be important to Clean. 2. Identify three contract terms and conditions - other than price – that Clean’s clients want to include. The analysis must explain why these terms would be important to Clean’s clients. These terms must differ from those identified for Clean in the first question. Tips for Formatting Report: The report should use the following format REPORT TO: Winnie James, Ralph Anders FROM: (your name) DATE: RE: Terms of Contracts With Clients Contract Terms and Conditions for Clean 1. 2. 3. Contract Terms and Conditions for Clean 1. 2. 3. _______________________________________________________ • Write in complete sentences in paragraph format. • Use in-text citations citing to relevant assignment materials. • Double-space; 12-point Arial or Times Roman font. • Introductory Sentence: Begin with an introductory sentence or very brief paragraph that states your conclusion to the questions asked. • Concluding Sentence: End the discussion with a concluding sentence or a very brief paragraph that summarizes your conclusion/what you discussed. • Support Arguments and Positions: Please refer to the module in Content, "How to Support Arguments and Positions". • Use the American Psychological Association (APA) citation format for all citations.