CHAPTER ONE
INTRODUCTION
A contract is a written or
oral legally-binding agreement between the parties identified in the agreement
to fulfill the terms and conditions outlined in the agreement. A prerequisite
requirement for the enforcement of a contract, amongst other things, is the
condition that the parties to the contract accept the terms of the claimed
contract. Historically, this was most commonly achieved through signature or
performance, but in many jurisdictions – especially with the advance of
electronic commerce – the forms of acceptance have expanded to include various
forms of electronic signature. Contracts can be of many types, e.g. sales
contracts (including leases), purchasing contracts, partnership
agreements, trade agreements, and intellectual property agreements.
- A
sales contract is a contract between a company (the seller) and
a customer where the company agrees to sell products and/or
services and the customer in return is obligated to pay for the
product/services bought.
- A
purchasing contract is a contract between a company (the buyer) and a
supplier who is promising to sell products and/or services within agreed
terms and conditions. The company (buyer) in return is obligated to
acknowledge the goods / or service and pay for liability created.
- A
partnership agreement may be a contract which formally establishes the
terms of a partnership between two legal entities such that they regard
each other as ‘partners’ in a commercial arrangement. However, such
expressions may also be merely a means to reflect the desire of the
contracting parties to act ‘as if’ both are in a partnership with common
goals. Therefore, it might not be the common law arrangement
of a partnership which by definition creates fiduciary duties and which
also has ‘joint and several’ liabilities.
1.1 Background of the Study
When an institution or organization
needs to manage a large amount of data, a database is a good way to store and
retrieve the data. A database in this context refers to any collection of
related data used by your application. Some typical examples of information
that may be stored in a database include: Student information, Employee
information, Patent records, Sales, Inventory, Product data, Transaction
records, etc. We could use individual files to store this information, but a
large number of files becomes too much as the scale of the database increases.
A database management system is the entire software package that is used to
develop, implement, manage, and maintain the database(s). Common examples of
databases include MySQL (free), Microsoft SQL Server, Oracle, and Microsoft
Access. In a database, data is stored in tables made up of one or more columns
(Access calls a column a field). The data stored in each column must be of a
single data type such as Character, Number or Date. A collection of values from
each column of a table is called a record or a row in the table while a field
represents the unit of a given record or an attribute of every entity in the
database.
A database system for contract
allocation facilitates the easy recording of contract records, such that it
will be easier to get details of contracts awarded or get reports of any
registered contract when needed.
1.2 Statement of Problem
The manual way of recording contract
information on paper files or office flat files is associated with many
pitfalls. It makes it difficult to easily record and update contract
information, searching for specific information pertaining contracts awarded is
very difficult with the manual system. It is in view of these pitfalls that
necessitates a database management system for contract allocation.
1.3 Objectives of the Study
The following are the objectives of
the study;
- To
develop a database system that can be used to register awarded contracts
- To
develop a system that will aid the easy retrieval of contract information
- To
develop a system that will facilitate the easy updating of contract
information.
1.4 Significance of the Study
The significance of the study is that
it will provide a convenient way of managing contract allocation. This will
help the ministry to keep record of contracts with ease and update contract
information with ease. The study will also serve as a useful reference material
to other researchers seeking for information related to the research study.
1.5 Scope of the Study
This study covers database
management information system on contract allocation and it is limited to
ministry of works, Ikot Ekpene, Akwa Ibom state.
1.6 Organization of the Research
This research work is organized into
five chapters. Chapter one is concerned with the introduction of the research
study and it presents the preliminaries, theoretical background, statement of
the problem, aim and objectives of the study, significance of the study, scope
of the study, organization of the research and definition of terms.
Chapter two focuses on the literature
review, the contributions of other scholars on the subject matter is discussed.
TOPIC: DATABASE MANAGEMENT INFORMATION SYSTEM ON CONTRACT ALLOCATION
Chapters: 1 - 5
Delivery: Email
Delivery: Email
Number of Pages: 70
Price: 3000 NGN
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