Section 4 (Part 4) - Element 7: Money (Reflection question)
Money:
• Compensation and associated terms are often one of the first items of agreement, and often trigger other Framework elements.
• Other Framework elements also trigger the re-examination of the money element, which is often disregarded in contract design
Reflection question for money:
Please
discuss the similarity between Lotus’s financial proposal and a law firm
billing its clients on an hourly basis. Please apply the elements and tools
covered in this course to date.
Please post your reflection answer onto our discussion board below.
Continue with our mini lecture in the next online session.
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