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 ... |
When signing a contract ... |
Task 2:
Listen again and answer the questions.
1. What can prevent you from getting the best possible
service and price?
2. What are the potential consequences of not performing
due diligence?
3. What signals should you be wary of when a contract is
involved?
4. What can help prevent misunderstandings or fraud when
you sign a contract?
5. What is contained in “the fine print” and what are the
consequences of not reading it?
6. What points does the speaker make about the language
of contracts?
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?
8. What are the potential consequences of cancelling a
contract?
9. What will help protect you if there is a breach of
contract?
Fill in the following table and add any new idioms/vocabulary that you have picked from the talk.
Key vocabulary
|
Meaning
|
Sentences
|
party
|
||
offer
|
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acceptance
|
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consideration
|
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terms
|
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conditions
|
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disclaimer
|
||
cooling-off period
|
||
regulated sectors
|
||
small claims court
|
||
estimate
|
||
recourse
|
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buyer’s remorse
|
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arbitration
|
||
retainer fee
|
||
Verbs and verb collocations
|
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to be bound by
|
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to be subject to
|
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to breach
|
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to sue
|
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to file a complaint
|
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to resolve
|
||
to perform due
|
||
diligence
|
||
to disclose
|
||
information
|
||
be liable for
|
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to reserve the right
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