What effects can legal disputes over contracts have on a company?
Disputes may be lost in court. They can also be expensive, time consuming and detrimental to the reputation of a company
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15
Name a few tips for successful negotiations
Wait after each offer, get it in writing, have a fall-back plan, know your bottom line
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banana
Go to last place!
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rocket
Go to first place!
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gift
Win 20 points!
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banana
Go to last place!
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banana
Go to last place!
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rocket
Go to first place!
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rocket
Go to first place!
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baam
Lose 10 points!
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15
What are the general recommendations for those who are drafting a contract for the first time?
Draft a written contract that is as complete and as precise as possible
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15
Make adjectives from nouns: ambiguity, confidentiality, advisability, typicality
ambiguous confidential advisable typical
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15
Choose a world from the list and explain its meaning. Let the teacher guess the word you've explained: detrimental (adj), dispute (noun), liability (noun), remedies (noun), a breach, force majeure, to commence, ambiguity,
-
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15
Explain the difference between these pairs of words: terms / clause, comprise/include
terms - the conditions that are part of an agreement or arrangement / clause - a part of a contract, comprise - to consist of: / include - to contain something
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baam
Lose 25 points!
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gift
Win 25 points!
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rocket
Go to first place!
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thief
Give points!
5
10
15
20
25
15
What are the typical mistakes in contacts?
Different date formats, mistakes in currencies
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15
Why should contract negotiating be done before the drafting stage?
For the terms to be clear
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15
Why is it a good idea to use standard clauses when drafting a contract?
Such clauses are familiar to both sides and save valuable time and are likely to cover the important points
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seesaw
Swap points!
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shark
Other team loses 10 points!
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rocket
Go to first place!
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lifesaver
Give 15 points!
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15
Find a simple equivalent to the following words: attempt, inform, obtain
try, tell, get
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15
What should be included in an international contract?
the names and addresses of the parties, fixation of price and details of payment, limitation of liability, remedies in case of breach of duties, an arbitration
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15
What are the main rules of the language used in international contracts?
Use clear straightforward verbs, short sentences in active voice