Law Notes

In: Business and Management

Submitted By Aikosha
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Property
Copyright - protects work, not idea (50 years)
Patents - protects idea, not necessarily work (20 years)
Trademarks - brands, symbols
Fungibles - grain barrel,
Bailment - one party looking at somebody etc.

Sale of Goods Act - condition and warranties. Consumer protection -

Basic Overview of Procurement forms
Sarah Mamoser
Procurement - when company goes and buys smth; not legal obligation to procur.
Tendering cases - construction projects;
Contract A procurement stage contract forms when materially compliant bid is submitted there can be multiple Contract A if the owner receives multiple compliant bids

-act in good faith (can’t use undisclosed material)
-they must accept the lowest qualified bid - can use privilege clause (the owner has privilege to not accept the lowest bid)

Various forms in procurement: (request for expression of interest (RFEOI)
Request for proposal - now frequently for construction law (RFP) - owner choose to cancel RFP anytime (e.g. too expensive etc). RFP less risk, but less certainty, b/e it’s not bound by a contract.
Tenders/Request for quotation (RFQ) - process set out to be TRANSPARENT - be in trouble if say we wanted to choose u, but it was too expensive.
How damages determined - Expectation damages - difference between price to do the work, and the price between....
Procurement process - procedures fair and transparent.

Things u want to do when working with the lawyer:
Consider objectives and expectations, be prepared to talk about what ur concerns, what needs to be done.
Giving instructions - agreement, letter. Learn risk factors. Raise concerns. Deadline(timeliness). - budget concerns.
Wherever u do smth - always keep records!! when u working with contractors, keep good writing records of what u r doing. What are my assumptions? risk? constraints? As much info as possible so that…...

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