You have now completed the contract and have scheduled a meeting with Trent to review the clauses and formally sign the contract.
Before your meeting, you are required to prepare a checklist of all of the matters that you need to address with Trent to ensure he has the capacity to enter into a legally binding contract and that he gives consent to the entering of a contract.
Checklist
When preparing the checklist, following must be covered:
- Evidence that capacity of the client to form a binding agreement will be confirmed prior to request to sign
- Identification of factors associated with the ability to the client to give informed consent
Dispute Resolution Procedure
You are also required to prepare a dispute resolution procedure and provide it to Trent so that he is aware of how any disputes arising during the construction process are to be managed. You must ensure that the dispute resolution procedure addresses:
- The full process from notification of the dispute to resolution
- Recording and reporting processes including record keeping requirements
Contact details for external arbitrators and conciliators
How will I be assessed for this task?
For this task you are required to submit the following:
- Completed checklist confirming capacity to enter into a legally binding contract
- Completed dispute resolution procedure covering above requirements
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