Business Negotiations and Contracts: Difference between revisions
(''Counter offer is interpreted as rejection of offer.'') |
(terms for parties of an offer and of a lease) |
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''Counter offer is interpreted as rejection of offer.'' | ''Counter offer is interpreted as rejection of offer.'' | ||
* an offer => offeror - offeree | |||
* a lease => lessor - lessee | |||
Revision as of 17:28, 29 October 2013
- covenant == an agreement w/a specific promise to do or not to do something
- 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