The parties to an agreement normally resort to contract law when one party feels the other has violated either the letter or the spirit of an agreement.
举一反三
- RIGHT TO CANCEL. The Buyer has a right to cancel this Agreement if the Seller fails [specify, e.g., to ship all or any of the Goods on time]. The Seller has a right to cancel this Agreement if the Buyer fails [specify, e.g., to make any payment required by this Agreement within (number) days of its due date]. If either party notifies the other party that it will not or is unable, to perform this Agreement, the party receiving notice is entitled to cancel the Agreement. To make the cancellation effective, the party seeking to cancel must give notice to the other party that the Agreement is deemed canceled. The date of the cancellation will be the date on which the party receives the notice of nonperformance.
- A ________ is when one party in a financial contract has incentives to act in its own interest rather than in the interests of the other party.
- No agreement was reached in the discussion between the two parties, ____either side refused to soften their position.
- Which one of the following is a contract? A: Agreement B: Record of a meeting C: Memorandum D: Exclusive agent agreement
- The written contract for business negotiation can be divided into three parts: the beginning of the agreement, the text and the end of the agreement. ( )