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] Or another example might be tax reform, top Republican Party aides, in the United States, said lawmakers had reached an agreement in principle on the final package.[2]
References
- Schatzki, Michael. "Agreement in Principle". Negotiation Dynamics. Archived from the original on 2012-05-04. Retrieved 2012-03-13.
- https://www.ap.org/en-us/
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)
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.