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.


Choose the correct response for each of the sentences.

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-burier
  deal-breaker
  contract-breaker

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


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