What Is A Master Contract?

1.	What Is A Master Contract?
Answer» A MASTER contract is a contract which groups contracts that are at the lesser levels than master contract. It contains the information which are relevant to rest of the contracts. The main objective of the master contract is to ensure the consistency at all the levels. The DOCUMENTS INCLUDED in the master contract are as follows: QUANTITY Contracts. VALUE Contracts. Service Contracts. A master contract is a contract which groups contracts that are at the lesser levels than master contract. It contains the information which are relevant to rest of the contracts. The main objective of the master contract is to ensure the consistency at all the levels. The documents included in the master contract are as follows:

Answer»

A MASTER contract is a contract which groups contracts that are at the lesser levels than master contract. It contains the information which are relevant to rest of the contracts. The main objective of the master contract is to ensure the consistency at all the levels. The DOCUMENTS INCLUDED in the master contract are as follows:

QUANTITY Contracts.
VALUE Contracts.
Service Contracts.

A master contract is a contract which groups contracts that are at the lesser levels than master contract. It contains the information which are relevant to rest of the contracts. The main objective of the master contract is to ensure the consistency at all the levels. The documents included in the master contract are as follows:

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