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Business Negotiations and Contracts: Difference between revisions

(terms for parties of an offer and of a lease)
 
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* '''covenant''' == an agreement w/a specific promise to do or not to do something
#REDIRECT [[Law#Business Negotiations and Contracts]]
::: non-competition covenant
* '''whereas''' == in contrast
* injunction == obligation
* '''breach''' == to break a boundary, to violate, to not fulfill
* '''rescind''' cancel w/ effect of being the same position as before signing the contract
* '''unwarranted''' == uncalled for, unjustified
* '''contention''' == disagreement
::: contentious ( adj. )
* '''efficacious''' == effective
 
''Counter offer is interpreted as rejection of offer.''
 
* an offer => offeror - offeree
* a lease => lessor - lessee
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