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E.xplain the potential consequences of not understanding legal issues.

1) Write a paper that provides an analysis on why it is important for purchasing professionals to understand legal issues in contracts E.xplain the potential consequences of not understanding legal issues. Justify your conclusion. (750 words)
2) Write a brief paragraph reflection (around 150 words) regarding your perspective on whether your organisation (or one with which you are familiar) recognises the importance of contracts. In a few sentences, explain whether your organisation recognises the importance of contracts and provide an example that supports your evaluation.

 
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