Week 13 & Week 5

· Chapter 5. Negotiating and Documenting the Transaction

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Week 5 - Discussion

Week 5 - Discussion

Part I: Please respond (at least 50 words) to the following scenario by midnight Thursday:

What are the main advantages to entering into an LOI? What are the disadvantages of entering into this kind of written agreement, even if it specifies that it is nonbinding?

Part II: Return to the Discussion Board Sunday, not later than 11:55 p.m.. Review the postings of your classmates and post a meaningful response to at least two postings.

Unit 5 Assignment

Please respond with explanation to the follow questions.  Remember to use appropriate references.

1. What is the scope of a Bidder's obligation under the terms of a NDA?

2. Should the NDA include any restrictions on Bidder's right to contact or otherwise communicate with Target's customers or vendors?

3. How long should the terms of the NDA be binding on the parties?

4. Why does Bidder typically insist that Target sign an NDA?

Submit your written responses to the Unit 5 by attaching the report file in the Assignment Files of this lesson by midnight, Sunday.