Legal Feasibility Study

Legal feasibility study is to know if the proposed project conform the legal and ethical requirement.  It is important that the project or business is following the requirements needed to start a business or a project including business licenses, certificates, copyrights, business insurance, tax number, health and safety measures, and many more.

There are some things to consider in legal feasibility study including ethical issues and some social issues. These issues are the privacy, nepotism, and accountability.

legal feasibility studyA proposed system should determine if it has a conflicts with a legal requirements like for example if the data processing system is complying with the local Data Protection Act.

An example of requirements needed to proposed a construction projects are architect contract, bid bond, bid form, equipment lease, guaranty agreement, flooring contract, electrical service agreement, construction contract, construction agreement, warranty bond, certificate of final completion, change order, contract extension agreement, and many more. These documents should be able to provide once the project will be started.

Other legal documents needs for business are corporate resolution, day care policy statement, activity release of liability, business fact sheet, letter of intent, location of release, insertion order, IT service contract, Attorney Engagement Letter and many more.