Agreement in principle

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In law, an agreement in principle is a stepping stone to a contract. Such agreements with regard to the principle are usually considered fair and equitable. Even if not all details are known, an agreement in principle may, for example, outline a schedule of royalties.[1]

References[edit]

  1. ^ Schatzki, Michael. "Agreement in Principle". Negotiation Dynamics. Retrieved 2012-03-13. 

External links[edit]