Agreement in principle

Agreement in principle

In law, An agreement in principle is a stepping stone to a contract. Such agreements with regards to the principle are usually considered fair and equitable. Even if all details are not known, and "agreement in principle" may outline a percentage of royalty for example.cite web|title=Agreement in Principle|url=http://www.pertinent.com/articles/negotiation/mikeschactzkiN11.asp|last=Schatzki|first=Michael|date=1999|publisher=Pertinent Information|language=English|accessdate=2008-09-27]

References

External Links

[http://www.dep.state.fl.us/secretary/news/2002/acf011502.htm Agreement In Principle Reached For Tri-State Water Allocation]

[http://www.epa.gov/OGWDW/mdbp/mdbpagre.html EPA]


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