3

Contracts

The Contract

What is a contract? A contract is an offer outlining specific terms that are accepted and agreed to by two or more rational parties, usually within a specified time. After the meeting specifications (dates, rates, space) have been reviewed and verbally agreed to (and when possible, a site visit accomplished), then a contract outlining each detail of the meeting will be forwarded. This contract will be reviewed; if all terms set forth are in accord with the buyer’s needs and wants, it will be signed, dated, and returned to the facility.

Contracts may be simple two-page (short-form) documents or, for more complex and large meetings, lengthy (no-page-limit) documents with extremely comprehensive terms and conditions outlined. ...

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