CS625 Professional Practices Assignment 2 in 2024|cs625 assignment 2 solution 100% correct 

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Assignment solution:
Question 1:
You are required to enlist at-least two sources of funding for a Company?
Answer:
-1 Banks loan:
Traditional bank loans are a common source of debt financing for startups. Banks provide loans based on the company’s business plan, creditworthiness, and collateral. Aisha Steel can approach banks for a term loan to finance the purchase of equipment and manufacturing units
-2 Government Grants and Loans:
Many governments offer grants and low-interest loans to support new businesses and startups, particularly those that can create jobs and contribute to economic growth. Aisha Steel can explore various government programs designed to support manufacturing and technology-based startups.
Question 2:
1. Which section of a standard form contract typically contains project-specific material?
Answer:The "Annexes " or "Appendix" section of a standard form contract typically contains project-specific material. This section is tailored to the specific details of the individual project and may include:Milestones
Payment terms specific to the project
Specific responsibilities of each party
Custom terms or conditions relevant to the particular project
2. Which section of a standard form contract typically remains consistent across different projects?
Answer:
The "General Terms and Conditions" section of a standard form contract typically remains consistent across different projects. This section includes standardized legal and operational clauses that apply to all agreements, such as:
Definitions
Confidentiality clauses
Intellectual property rights
Warranties and disclaimers
Limitation of liability
Termination conditions
CS625 Professional Practices Assignment 2 in 2024|cs625 assignment 2 solution 100% correct
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