Vocabulary --> General Business --> Contracts --> Word to learn

Read the following conversations and see how the new words are used.

 

[M]          Do you think we will ever resolve our difficulties with the computer company?

[W]         I'm beginning to think that we should cancel our service and find another provider.

[M]         Do we have any obligation to continue to pay them if we cancel our service?

 

[W]         Now that the new contract has been negotiated, we will have to abide by it very closely.

[M]         I'm not sure yet that this was a good agreement for us.

[W]         Nevertheless, we gave our assurance we would fulfill the requirements.

 

[M]     What does the new contract establish that the old one did not?

[W]    Both parties agreed to the salary freeze for this year.

[M]     Then, we should specify our expectations for a raise next year.

 

[W]    We must engage a subcontractor to complete the work.

[M]     Is there a provision for a subcontractor in the contract?

[W]    We can determine that by reviewing the terms of the contract.