Tag: Contract negotiation

What Does Commencement Date Mean Exactly?

The commencement date is the time or date that a contract becomes officially effective and therefore, legally binding. This guide demystifies the concept, offering clear definitions, the distinction from effective dates, …

How are Contracts Usually Signed?

Contracts are usually signed either physically (handwritten) or electronically, by all involved parties to confirm their agreement to the terms. Each party typically signs on designated signature lines, along with the …

Bartering in 2024: How to Trade and Exchange Without Cash

In an era where digital transactions and virtual currencies dominate, the ancient practice of bartering is experiencing a renaissance. This timeless method of exchange, where goods and services are traded directly …

Contract negotiation: How to negotiate in the 21st century!

Contract negotiation hasn’t changed since the advent of email, but new technologies are making it faster, smarter, and less risky. In this article, we explain what it is, why traditional approaches introduce …