A contract that includes parties, an offer, consideration, terms, and dual acceptance.
What is an enforceable contract?
"Yeah, sure. Let's do that."
This part of a contract names people or entities who are making the agreement.
What are the parties?
When you talk to the other person to attempt to learn more about them so you can use that reach outcomes in your favor during negotiation.
What is understanding the position or values of the other party?
What is a breach of contract?
A head nod for another round at a bar when swaying on the stool and slurring speech.
What is an unenforceable contract?
You're eating at Texas Roadhouse and haven't yet paid.
What is implied acceptance?
This part of the contract says when you'll do things, where, by when, etc.
What are the terms?
This law requires a seller of goods to provide the same quality they said they would (among other things).
What is the Uniform Commercial Code (UCC)?
This type of alternative dispute resolution is not legally enforceable.
What is Mediation?
A verbal or implied contract.
What is an enforceable contract?
Your grandpa probably sealed a lot of contracts this way, but it is still a legal form of acceptance.
What is a handshake?
This part of the contract is when both people reach an agreement. It is often done with signatures.
What is acceptance?
If you tell a vendor your top budget for an item before you start negotiating, you should expect this outcome.
What is the other party to ensure their consideration matches the full amount or more?
The starting point of a negotiation.
What is the contract?
An example of this clause is a sign in the parking lot says "Leave items at your own risk." but after being robbed, someone who parked there tries to sue. Courts will have to decide if it is enforceable or not.
What is an exculpatory clause?
A head nod, a thumbs up, or other positive gesture.
What is nonverbal acceptance?
This part of the contract is what the first person shares that they will give to the other, do or not do, or otherwise provide access to.
What is the offer?
When both parties gave up something in a compromise but are comfortable with the outcome.
What is a win-win?
The entity who initiates the litigation.
Who is the plaintiff?
A contract won't be enforced by the courts because of this clause that doesn't require enforcement if there is a natural disaster (among other things) that occurs at your site.
What is Force Majeure?
The most common, and most easily defensible in court, type of acceptance.
What is a signature?
This part of the contract is what the second person shares that they will give to the other, do or not do, or otherwise provide access to in response to what the first person shared. This is often, but not always, money.
What is consideration?
What is creating value?
When someone has the choice before a decision is made.
What is Right of First Refusal?