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Why is contract management important for start-up enterprises?
  • a)
    It helps avoid the need for contracts.
  • b)
    It minimizes the risk of disputes and negative situations.
  • c)
    It eliminates the need for legal advice.
  • d)
    It focuses solely on oral agreements.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Why is contract management important for start-up enterprises?a)It hel...
Contract management minimizes the risk of disputes and negative situations by providing a systematic approach to contract creation, execution, and analysis, helping to avoid potential problems.
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Why is contract management important for start-up enterprises?a)It helps avoid the need for contracts.b)It minimizes the risk of disputes and negative situations.c)It eliminates the need for legal advice.d)It focuses solely on oral agreements.Correct answer is option 'B'. Can you explain this answer?
Question Description
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