Since last month, I decided to focus more of my time on researching key aspects of contracts and why they're important.Unfortunately, I have exhausted my resources from the Cal Poly library so I've been looking for different databases to offer more insight on the drafting a contracts. So far, I've learned that while drafting a contract is it important to be clear when stating a position. This is largely because if someone is unsure of terms they're agreeing to, in most cases that person or company will spend the time and money to litigate the matter in court, and the less ambiguous the contract is the less likely it is to be brought up to court.
In addition to this, my mentor has also been allowing me to read up on some of the bigger deals he is currently working on and sending my examples of those contracts. This is what I'll be using in my final presentation as examples and maybe even my Lesson Plan on Monday. I have a few different samples my mentor has sent me, one of which I will be using as a template to write my contract on for my Independent component.
Hopefully I will be able to actually use one of the deals as an example at the end of the year to relate my topic to things people have seen in the media.
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