Contracts are a common foundation for faculty practice relationships betwee
n a college of nursing and other agencies. Although the legal format of a c
ontract is relatively standardized, the process of contracting entails deci
sions and issues that increase its complexity. Little is available in the f
aculty practice literature that addresses contracts and contractual issues
as a comprehensive whole. This article contains discussions of nursing facu
lty practice contractual issues such as the elements of a contract as a fra
mework, including competent parties, offer, consideration, and acceptance.
Evaluation of contract performance is addressed and alternatives for decisi
on making and problem resolutions are suggested throughout. Copyright (C) 2
001 by W.B. Saunders Company.