Business English Exercise | Topic: Contracts/Contract negotiations 3

Designed to help you practice vocabulary relating to signing/ negotiating contracts. Although this quiz is meant for ESL students, it'll be useful to anyone who wants to practice this specialized vocabulary.


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 20.
  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

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