Business Negotiations and Contracts

• 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

• statute == law/rule