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Sample answer:
They monitor the progress of the contract preparation. They check it up every now and then.
They also give some valuable inputs.
1. Your business partner wants to be assured that the contract for your deal
was prepared meticulously. Explain the process you underwent in preparing
the contract. (You may base your answer on the actual process you have for
this at work.)
Sample answer:
We want to assure you, Mr. Wong, that we have carefully prepared this contract. We don’t want
to experience any problem with our project. We have consulted your company about their
special demands and these have been incorporated in the contract. We have assigned a pool
of experts who wrote the contract. Once this was done, we had your company representatives
review the draft. They have cleared it last week. Now, we have the final version, which has all
the revisions that your company forwarded. You can check them for yourself, Mr. Wong. We
hope that you will be pleased with the preparation that we have made.
2. You have been assigned by your company to handle the contract prepara-
tion for a certain deal. Brief your business partner about the contents of the
contract and invite them to have it reviewed by their company lawyer.
Sample answer:
I have been assigned to prepare the contract for this venture, and I’m pleased to inform you
that it’s now ready for your perusal. The contract bears our agreements regarding the stan-
dards that our products have to meet. The details regarding delivery and shipment, and even
the stipulations on damage claims are included here. Please find time to have a last look at the
contract before we prepare it for signing. I invite you to have your company lawyer review it
too. Thanks!
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