Contracts/Contract negotiations 3

QUESTIONS:
(Choose the best response for each one)


1. I really believe that it is in our company's __________________________ ( = it would be beneficial for our company) to sign this contract.
good interest
best interest
best practices

2. Negotiation frequently involves compromise. Too much __________________________, however, can be a bad thing.
fluctuation
flexing
flexibility

3. Many negotiators __________________________ ( = develop) their own contracts before entering into negotiations.
write in
write up
write out

4. We need to __________________________ ( = clearly define) this point - it's a little ambiguous.
clarify
clarity
clear

5. I'm not too __________________________ on what you mean by that = I don't really understand what you mean by that
clear
clarity
clarify

6. You will see that this contract __________________________ all the terms that we agreed upon during negotiations.
produces
promotes
includes

7. He came into negotiations with a __________________________ list of items ( = a list of items arranged by priority).
prioritized
priority
prior

8. Our estimate was based on the __________________________ for proposal (RFP) that we received from them on August 20th.
request
requirement
recourse

9. A "__________________________" is an important point (for one or more parties) that, if not agreed upon, will mean that the contract will not be signed.
deal-burrier
deal-breaker
contract-breaker

10. Would it be possible to __________________________ ( = get rid of/ not include) these fees?
wave
waif
waive

Check answers at http://www.businessenglishsite.com/esl_contract3.html