Common use of Preliminary Negotiations Clause in Contracts

Preliminary Negotiations. A manifestation of willingness to enter into a bargain is not an offer if the person to whom it is addressed knows, or has reason to know that the person making it does not intend to conclude a bargain until he has made a further manifestation of assent.

Appears in 1 contract

Sources: Contract

Preliminary Negotiations. A manifestation of willingness to enter into a bargain is not an offer if the person to whom it is addressed knows, knows or has reason to know that the person making it does not intend to conclude a bargain until he has made a further manifestation of assent.. Offers: Lapse / Rejection / Counteroffer

Appears in 1 contract

Sources: Uniform Commercial Code