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- W990082006 abstract "This chapter discusses the terms about risk and delivery as concerned with engineering contracts. All commercial contracts involve an element of risk, and one of the important functions in preparing for engineering contracts is the assessment of the risks, and the use of various legal and commercial techniques for managing the risks. “Risk management” is the art of applying management skills to minimize the risks in a commercial project. There are, of course, technical and financial risks. This chapter concerns about the need to arrange for the safe delivery of goods and materials within the agreed time. The aim of a good contract is to make the parties aware of what the risks are. And to control them as far as possible, by good systems of packaging, transport, storage, security, and by any other appropriate measures. The contract should also make it clear where a loss actually lies from a legal point of view to avoid unnecessary litigation. The chapter also describes various terms about delivery. And finally, the chapter concludes by listing a few legal questions related to the topic discussed in the chapter and providing their answers." @default.
- W990082006 created "2016-06-24" @default.
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- W990082006 date "1996-01-01" @default.
- W990082006 modified "2023-09-27" @default.
- W990082006 title "Terms about risk and delivery" @default.
- W990082006 doi "https://doi.org/10.1016/b978-075062498-5/50043-3" @default.
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