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04 Homework 1 (Legal)

The document outlines the legal aspects of contracts in the tourism and hospitality industry, specifically focusing on a Room and Banquet Reservation Contract. It details essential elements such as parties involved, terms and conditions, payment terms, and provisions for liability and dispute resolution. Additionally, it summarizes a specific contract between the Anti-Money Laundering Council and Taal Vista Hotel, highlighting key aspects like reservation details, billing, cancellation policies, and legal protections.

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50 views6 pages

04 Homework 1 (Legal)

The document outlines the legal aspects of contracts in the tourism and hospitality industry, specifically focusing on a Room and Banquet Reservation Contract. It details essential elements such as parties involved, terms and conditions, payment terms, and provisions for liability and dispute resolution. Additionally, it summarizes a specific contract between the Anti-Money Laundering Council and Taal Vista Hotel, highlighting key aspects like reservation details, billing, cancellation policies, and legal protections.

Uploaded by

jhareljames23
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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TH2016

LEGAL ASPECTS IN TOURISM AND HOSPITALITY INDUSTRY


Contracts and Obligations in Tourism and Hospitality

Submitted By:
Dayacus, Jillian
De Real, Kyla Marie
Oclinaria, Jharel James
Pineda, Victoriano Jr.

Submitted To:
Mrs. Villamor Razel

BSTM 602

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TH2016

 TOURISM AND HOSPITALITY-RELATED CONTRACT

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TH2016

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TH2016

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TH2016

 DRAFT OF CONTRACT

Title of the Contract: Room and Banquet Reservation Contract


 Parties Involved – Identifies Party A and Party B, including their legal jurisdiction and
addresses.
 Purpose – Defines the scope of the agreement, specifying that Party A will provide
services/products to Party B in exchange for compensation.
 Terms & Conditions:
- Scope of Work – Details the specific services/products Party A will deliver.
- Payment Terms – Specifies the total amount payable and the payment schedule.
- Term & Termination – Defines the start and end date, conditions for termination,
including breach, mutual agreement, or completion.
- Confidentiality – Ensures that both parties will not disclose sensitive information without
written consent.
- Intellectual Property – Clarifies ownership of any created or used intellectual property.
- Liability & Indemnification – Establishes responsibility for claims, damages, or liabilities
due to negligence or misconduct.
- Governing Law & Dispute Resolution – Specifies the legal jurisdiction and the preferred
method of dispute resolution (mediation, arbitration, or court proceedings).
 General Provisions:
- Amendments – Any changes must be made in writing and signed by both parties.
- Assignment – Prohibits transferring rights or obligations without consent.
- Entire Agreement – Declares this document as the complete understanding, overriding
prior agreements.
 Signatures – Both parties must sign and date the agreement to make it legally binding.

 SUMMARY OF THE ESSENTIAL ELEMENTS OF CONTRACT

The contract between the Anti-Money Laundering Council (AMLC) and Taal Vista Hotel establishes
the terms and conditions for reserving guestrooms and function spaces for an official AMLC event. It
ensures that the hotel will hold the agreed-upon accommodation and venue upon receipt of the signed
contract, providing clear commitment from both parties. The agreement specifies the number of
reserved rooms, the duration of stay, and the applicable rates, ensuring transparency in pricing and
availability. It also details the function space arrangements, including the designated areas, dates, and
times of use, as well as any associated fees.

Additionally, the contract includes provisions for billing and payment, outlining the required deposits,
payment schedules, and the party responsible for covering costs. It defines cancellation policies,
including deadlines for modifications or cancellations, applicable fees, and penalties for failing to
meet the agreed room block or function space commitments. To protect both parties, the agreement
also contains legal clauses such as indemnification, which limits liability in case of unforeseen issues,
and force majeure, which addresses circumstances beyond either party’s control that may impact on
the fulfillment of the contract.

04 Homework 1

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