Wednesday's assignment

Contracts

Task 1:

Listen to a talk and take notes of seven key points and supporting details. Compare your notes with a partner. 

Before you consider signing a contract ...  1. Make sure you shop around. Comparing prices, warranties, the situation of the contract,any other terms of conditions better important to you. For services, such as a home roofing or pay job, ask for a compare at least 3. 2. Know who you will dealing with. Research the company urseif, check the better business. 3. Never feel pressure to signing a contract immediately  Talk as much time as you need, feel comfortable with and confordance about you decision.

When signing a contract ...  4. Get it in writing, never relay on oral promises. Make sure any agreement are cleans made by your wander as services provider or sales person are really into a contract, do not sign the agreement you do not agree with, make sure all the changes are innitials by both you and the other party before your sign, filling any blanks spaces so details cannot be added later without you knowledge or pr-omission. 5. Clean language in publish communications. 6. Know if and how you get out of the contract. Cooling-off period should be describe in the contract. Sign in a door to door sale situation in your home have a cooling-off period  10 days worst more than $50. Personal development services agreement have a 10 days period. 7. Always get a key of  copy at any contract you sign or antoenter using the internet. You may need it for further reference or to find a compiant when I find a problem.

Task 2:

Listen again and answer the questions. 

1.    What can prevent you from getting the best possible service and price?

      Make sure you shop around.

2.    What are the potential consequences of not performing due diligence?

     Make sure research the company.

3.    What signals should you be wary of when a contract is involved?

     Feel pressure, something you still confuse.

4.    What can help prevent misunderstandings or fraud when you sign a contract?

     Read condition

5.    What is contained in “the fine print” and what are the consequences of not reading it?

     Some time you do now know well about the terms because the language or understanding, you have to make sure everything you understand very clear when you signing a contract.

     Locked in a contract.

6.    What points does the speaker make about the language of contracts?

    Clean language in publish communications, Plain language.

7.    Explain the term direct agreement and give an example of a personal development service agreement.What do both of these agreements have in common?

    Door to Door sales and the GYM agreement.

8.    What are the potential consequences of cancelling a contract?

    find a lawyer and be sued in court.

9.    What will help protect you if there is a breach of contract?

    Keep a copy with you all the time

Task 3:

Fill in the following table and add any new idioms/vocabulary that you have picked from the talk.

Key vocabulary	Meaning	Sentences
party	One group, difference side of the contract	There are almost at least 2 party in any contract.
offer	The agreement conditions for a contract.	We gave him an offer last night.
acceptance	To check and accept.	You have to make sure acceptance is finished.
consideration	Thank about.	Consideration can make the deal more safe.
terms	The conditions.	All the terms are fine.
conditions	The state of something	How about the conditions of the car.
disclaimer	A statement that denies something	The disclaimer already done.
cooling-off period	some days for calm down and thank about it carefully	Even you bought it, you still hava a cooling-off period in 10 days
regulated sectors	The 3rd party organizations.	The regulated sectors is really importment.
small claims court	The court which deal with the business not more than $25000.	We will go to the small claim court tomorrow.
estimate	Calculation the cost or value	I really do not know how to estimate the cost.
recourse	The rights to ask for all belong to you.	You hava all rights to recourse.
buyer’s remorse	Buyer thinks it is a wrong decision.	The company does not want the buyer's remorse always happen.
arbitration	To charge	We get the result of the arbitration.
retainer fee	The fee that holds something in some places.	You really need to pay the retainer fee to get you car back.
Verbs and verb collocations
to be bound by	To be limited by	We are bound by the terms of the contract.
to be subject to	To be title with	We are subject to finish the document.
to breach	Break	We try to breach the contract.
to sue	Go to the court.	We really want to sue him
to file a complaint	Send a official complaint to somewhere	We try to file a complaint about the cooperation.
to resolve	Deal with	We try to resolve all the problems.
to perform due	The date when it done	It is already come to perform due.
diligence	hard work or study.	He always diligences.
to disclose	Open	You need to disclose all the details
information	The content	We need the information.
be liable for	Response for	You need to be liable for all this happend.
to reserve the right	Keep the right to doing something.	We have to reserve the right.