Wednesday's assignment
Contracts
Task 1:
Listen to a talk and take notes of seven key points and supporting details. Compare your notes with a partner.
| Before you consider signing a contract ... - make sure you shop around: comparing prices, guarantees, and warranties, the duration of contract, any terms or conditions that are important ask 3 companies to compare before signing for services -know who you are dealing with: research this company to see its reputation. world of mouse or reference |
| When signing a contract ... - never feel pressure to sign the contract right away: offer once a life time special deal and they won't offer it again. - always get it in writing, never rely on verbal promise: don’t hesitate to cross out some parts of agreement that you don’t agree with. Make sure any of these changes are initialed of all parties before you sign. also fill in any blank spaces so other detail can't be added without your permission or your knowledge
- read the fine print: if you don't understand any of terms or conditions, ask questions.
- if or how you can get out of contract: cooling off period, check the consumer service act |
Task 2:
Listen again and answer the questions.
1. What can prevent you from getting the best possible service and price?
Dont go to the first place sign you contract, compare with three
people don't do the research enough
2. What are the potential consequences of not performing due diligence?
you may cost more money than you should or spent more time
3. What signals should you be wary of when a contract is involved?
If someone press you what's the
sales put pressure on consumers.
4. What can help prevent misunderstandings or fraud when you sign a contract?
dont be shy and ask questions
people has to do some research about this company or service in order to see their reputation or get a reference letter if it was referred from your friends or family members.
5. What is contained in “the fine print” and what are the consequences of not reading it?
some terms or conditions of the contract
the contract can't be changed or broken unless you and your parties both agree with the new terms.
6. What points does the speaker make about the language of contracts?
Plain language in published communication this means language that the average person understands rather than the complex legal and technical jargon that has been traditionally used. More and more business are slowly coming on board, so we are moving in the right direction
7. Explain the term direct agreement and give an example of a personal development service agreement.What do both of these agreements have in common?
a personal development service agreement.What do both of these agreements have in common?
direct agreement: door to door selling situation.
a personal development service agreement: gym membership contract
8. What are the potential consequences of cancelling a contract?
if people cancel the contract over time, both parties has to agree with it otherwise you will be charge in most of time. Or they will spent more money and time to hire a lawyer even going to the court.
9. What will help protect you if there is a breach of contract?
keep the contract copy in writing.
Fill in the following table and add any new idioms/vocabulary that you have picked from the talk.
Key vocabulary
|
Meaning
|
Sentences
|
party
|
a person or people forming one side in an agreement or dispute.
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offer
|
present or proffer (something) for (someone) to accept or reject as so desired.
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acceptance
|
agreement with or belief in an idea, opinion, or explanation.
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consideration
|
careful thought, typically over a period of time.
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terms
|
conditions under which an action may be undertaken or agreement reached; stipulated or agreed-upon requirements.
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conditions
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a state of affairs that must exist or be brought about before something else is possible or permitted.
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disclaimer
|
a statement that denies something, especially responsibility.
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cooling-off period
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an interval during which two people or groups who are in disagreement can try to settle their differences before taking further action.
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regulated sectors
|
the government sectors of regulating
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small claims court
|
a local court in which claims for small sums of money can be heard and decided quickly and cheaply, without legal representation.
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estimate
|
roughly calculate or judge the value, number, quantity, or extent of.
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recourse
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a source of help in a difficult situation.
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buyer’s remorse
|
buyer deep regret or guilt for a wrong committed.
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arbitration
|
the use of an arbitrator to settle a dispute.
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retainer fee
|
a fee paid for retainer
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Verbs and verb collocations
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to be bound by
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to be subject to
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to breach
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to sue
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to file a complaint
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to resolve
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to perform due
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diligence
|
hard work
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to disclose
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information
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how about something
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be liable for
|
responsible by law
| |
to reserve the right
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