EVNT2000 Lecture Notes - Lecture 11: Event Management, Consideration, Liability Insurance
Document Summary
Evnt2000 fundamentals of event management- semester 2, 2017. Contracts- key elements, types, considerations: types of contracts event managers use --> diagrams explained in textbook. Insurance: how to apply for public liability insurance. Regulations, permits, licences: events require- different types and differences, why are those important, read textbook. Agreement with specific terms between 2 or more persons or entities i which there is a promise to do something in return for a valuable benefit known as consideration. Contract contains: offer, acceptance of offer, promise to perform, a valuable consideration, time/event when performance must be made, terms & conditions, performance. Exact description of goods & services being exchanged. Names of contracting parties, their details and trading names. Signature of both parties indicating their understanding of terms of exchange and agreement to conditions of the contract. Intention, negotiation, initial acceptance, agreement on terms, signing.
