流利说商务英语Level5-Unit2-Part4-Key-Elements.docx

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1、流利说商务英语Level5Unit2Part4KeyElementsPartyApartyisapersonorteamofpeoplewhoareinvolvedinanegotiation.Whenanagreementhasbeenreachedbetweenbothparties,acontractwillbesigned.Ifonepartybreaksthecontract,theycouldbesuedbyathird-partybeneficiary.TermsThetermsofthecontractaretheconditionsth

2、ateachpartyagreesto.Byenteringintoacontract,bothpartiesarelegallyobligatedtomeetitsterms.Ifapartydoesn'tupholdthetermsofacontract,thecontractwillbebrokenorbreached.Theyarebeingsuedforbreachingthetermsofthecontract.Acontractcannotbesignedifonepartypullsoutofit.Thetermsofthecontrac

3、tstatetheobligationsandconditionsofeachparty.Themergerinvolvedhighleveltalksbetweenmultipleparties.OfferAnofferiswhatonepartywillgiveinexchangeforsomethingfromanotherparty.Whenonepartyproposesacontracttoanother,theyaremakinganoffer.Ifonepartydisagreeswithanoffer,theymaymakeacount

4、eroffer.ConditionInacontract,aconditionisasituationthatmustoccurinorderforarequirementtobemet.Ifaconditionhasn'tbeenmetbyoneparty,theotherpartyisn'trequiredtoupholdthecontract.Theywereveryinterestedinhavingherjointhecompany,sotheymadeheragenerousoffer.Hethoughttheofferwastoolow,s

5、ohemadeahighercounter-offer.Shedidn'trespondtotheirofferbythedeadline,soitwasrevoked.IfpartyBfailstomeetthefollowingconditions,partyAreservetherighttoterminatetheagreement.Iftheyrejecttheoriginaloffer,theymaymakeacounteroffer.