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          Indian Laws

          Negotiation

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          Negotiation defined as iterative exchange of offers culminating in acceptance, forming the basis for contract formation. Negotiation is a communicative process by which parties exchange and adjust proposals until an acceptable offer is made and accepted, arranging terms and conditions of bargains, sales, or other transactions. It comprises deliberations and discussions on proposed agreement terms and functions to assemble deals. When negotiation leaves the principal free to accept an offer, the negotiating agent is treated as having completed the agent's negotiating role, reflecting the agent's incidental acts in contract formation.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  Negotiation defined as iterative exchange of offers culminating in acceptance, forming the basis for contract formation.

                                  Negotiation is a communicative process by which parties exchange and adjust proposals until an acceptable offer is made and accepted, arranging terms and conditions of bargains, sales, or other transactions. It comprises deliberations and discussions on proposed agreement terms and functions to assemble deals. When negotiation leaves the principal free to accept an offer, the negotiating agent is treated as having completed the agent's negotiating role, reflecting the agent's incidental acts in contract formation.


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