contract management contract management is a process to ensure

General sales contracts, technology development contracts, technology transfer contracts, technical consulting contracts and technical service contracts. 14.2 elements of the contract: Party A, Party B, subject matter and effectiveness. Formal requirements of a contract: a contract may be concluded in written form, oral form or other forms. If the written form is required by laws and regulations or determined by both parties through negotiation, the written form shall be adopted.