Contract management or contract administration is the management of contracts made with customers, vendors, partners, or employees.The personnel involved in Contract Administration required to negotiate, support and manage effective contracts are expensive to train and retain. 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.
The definition of a fault is a weakness in the rock strata that can shift and create an earthquake. An example of fault is the San Andreas fault line in California. Fault means a mistake or a weakness. An example of fault is having a problem telling the truth.
A fault is a fracture within some particular rocky mass within the earth's crust. Fault sizes can vary greatly, as some faults can be miles long. Earthquakes are caused by active faults, which are, faults along which the two sides of the fracture move with respect to each other.In short, an earthquake is caused by the sudden movement of the two sides of a fault with respect to another.arthquakes can also occur within plates, although plate-boundary earthquakes are much more common. Less than 10 percent of all earthquakes occur within plate interiors. As plates continue to move and plate boundaries change over geologic time, weakened boundary regions become part of the interiors of the plates.