Agreement in principle
In law, an agreement in principle is a stepping stone to a contract. Such agreements with regard to the principle are usually considered fair and equitable. Even if not all details are known, an agreement in principle may, for example, outline a schedule of royalties.[1]
References
- ↑ Schatzki, Michael. "Agreement in Principle". Negotiation Dynamics. Retrieved 2012-03-13.
External links
- Agreement In Principle Reached For Tri-State Water Allocation
- Merger Agreement in Principle - FutureTrak International Inc. and Celerity Systems Inc.(Apr 25, 1999)
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