Agreement in principle
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In law, an agreement in principle is a stepping stone to a contract. Such agreements with regards to the principle are usually considered fair and equitable. Even if all details are not known, an agreement in principle may outline a percentage of royalty for example.[1]
[edit] References
- ^ Schatzki, Michael (1999). "Agreement in Principle". Pertinent Information. http://www.pertinent.com/articles/negotiation/mikeschactzkiN11.asp. Retrieved 2008-09-27.
[edit] External links
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