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Negotiation of your contract by considering elements

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Reference no: EM133515723

You will negotiate a term sheet for a contract for the sale of batteries by Recharge Corp. to IBS Automotive Inc .

Prepare on your own (in advance) for the negotiation of your contract by considering the elements and terms that you would like to have in your contract.

Then, meet with your partner (the executive of the other company) to negotiate and make a term sheet together for the sale transaction.

Partner A - Executive of IBS Automotive Corp.:____________________________

1. What terms of the contract were difficult to agree on and why?

2. What are the key takeaways (lessons) for your next contract negotiation (in real life)? Refer to specific examples from this negotiation in your answer.

Partner B - Executive of Recharge Corp.: _______________________________

1. What terms of the contract were difficult to agree on and why?

2. What are the key takeaways (lessons) for your next contract negotiation (in real life)? Refer to specific examples from this negotiation in your answer.

Reference no: EM133515723

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