BusinessContractsModuleSevenGenre-based Business English Reading
Business Contracts Module Seven Genre-based Business English Reading
LearningObjectivesReadingPre-readingPost-readingFurtherReadingknow how to draft a business contractlearn some terms about business contractsgetfamiliarwiththeformat and content ofbusiness contractslearn the skill of scanningpracticethe writing of business contracts
Learning Objectives Pre-reading Reading Post-reading Further Reading 2 learn some terms about business contracts 3 get familiar with the format and content of business contracts 4 learn the skill of scanning 5 practice the writing of business contracts 1 know how to draft a business contract
Pre-readingReadingLearningObjectivesPost-readingFurtherReadingWatchthebusinessnews fromCNN,thentrytoanswerthefollowing questions
Learning Objectives Pre-reading Reading Post-reading Further Reading Watch the business news from CNN, then try to answer the following questions
Pre-readingReadingPost-readingFurtherReadingLearningObjectives?1.Whyisawell-writtencontractimportant?Because it legally binds two parties and can protect your business ifsomethinggoes wrong2.What are the elements of a business contract?A mutual agreement, consideration, a clear intent, capacity3.Whatdoes“consideration"mean?The parties are giving something and getting something in return
Learning Objectives Pre-reading Reading Post-reading Further Reading 1. Why is a well-written contract important? 2.What are the elements of a business contract? 3. What does “consideration” mean? Because it legally binds two parties and can protect your business if something goes wrong. A mutual agreement, consideration, a clear intent, capacity. The parties are giving something and getting something in return
ReadingPost-readingFurtherReadingLearningObjectivesPre-readingPartOne GetYourselfPrepared:theBasicsI.Get yourself familiar withthe terms.The following terms are from the passage you are going to read.Read thedefinitions to get yourself prepared for the comprehension of the passage>1.acceptance:adraftorbillthatisacceptedbybeingsigned2.expiration:thefact of comingtoanend or thepointatwhich sth.ends3.counteroffer:an offermadeinresponsetoanother
Learning Objectives Pre-reading Reading Post-reading Further Reading Part One Get Yourself Prepared: the Basics I. Get yourself familiar with the terms. The following terms are from the passage you are going to read. Read the definitions to get yourself prepared for the comprehension of the passage. ►1. acceptance: ►2. expiration: ►3. counteroffer: a draft or bill that is accepted by being signed the fact of coming to an end or the point at which sth. ends an offer made in response to another
ReadingPost-readingFurtherReadingLearningObjectivesPre-readingwrongful or criminal deception intended to result in4.fraud:financial or personal gain5.compensation:sth.,typically money,awarded to someone as arecompense fonloss,injury,or suffering6.bargainingpower:therelativecapacity of each of theparties to anegotiationor dispute tocompel or secure agreement onits ownterms7.jurisdiction: the authority that an official organization has to make legaldecisions about sb.or sth
Learning Objectives Pre-reading Reading Post-reading Further Reading ►4. fraud: ►5. compensation: ►6. bargaining power: ►7. jurisdiction: wrongful or criminal deception intended to result in financial or personal gain sth., typically money, awarded to someone as a recompense for loss, injury, or suffering the relative capacity of each of the parties to a negotiation or dispute to compel or secure agreement on its own terms the authority that an official organization has to make legal decisions about sb. or sth
ReadingPost-reading FurtherReadingLearningObjectivesPre-readingIl.Test yourself withthe termsFillintheblanksinsentenceslistedinColumnBwiththetermsinColumnAABacceptance1.Theso-callednetworkbuy,thatis,consumersdonotknoweachother,toincreasebargainingpowerwithvendorstoobtainthebestprice.expiration2.Wehave to ask forcompensation of theloss incurred as a result of the inferiorquality ofthegoods concerned.counteroffer3.Given how widespreadfraud seems to have become, by that calculation, China maywell provideagoldenopportunity.fraud4. Corresponding to the expiration date of a contract, the last day on which an option maybeexercised intotheunderlyingfuturescontract.compensation5.Banks normallyfinancethesebya trustreceipt orabanker's acceptancebargaining6. We would be appreciated if you could give our eountereffer your most favorablepowerconsideration.jurisdiction7. If the tax applied to all banks operating within a given jurisdiction, it would not affectcompetitivenessamongthem
Learning Objectives Pre-reading Reading Post-reading Further Reading II. Test yourself with the terms. Fill in the blanks in sentences listed in Column B with the terms in Column A. A B acceptance 1. The so-called network buy, that is, consumers do not know each other, to increase _ with vendors to obtain the best price. expiration 2. We have to ask for _ of the loss incurred as a result of the inferior quality of the goods concerned. counteroffer 3. Given how widespread _ seems to have become, by that calculation, China may well provide a golden opportunity. fraud 4. Corresponding to the _ date of a contract, the last day on which an option may be exercised into the underlying futures contract. compensation 5. Banks normally finance these by a trust receipt or a banker’s _. bargaining power 6. We would be appreciated if you could give our _ your most favorable consideration. jurisdiction 7. If the tax applied to all banks operating within a given _, it would not affect competitiveness among them. bargaining power compensation fraud expiration acceptance counteroffer jurisdiction
ReadingPost-readingFurtherReadingLearningObjectivesPre-reading美Passage 1Whatisa Contract?https://www.legalmatch.com/law-library/article/what-is-a-contract.htmlDefinitionofBusinessContract（法律上）有效的；（正式）认可 parties thatA business contract refers to an agreer惠的that is legally orofficiallyen.However,creates mutual legal obligations.A contractacceptableif possibleoral contracts aremorechallengingtoenforcSome contracts mustbe written in order to be valid,such as contracts thatinvolve a significant amount of money (over $5oo). Contracts are part of everydaydealings in all aspects of life.Therefore, it is crucial to understand the rulesgoverningthemtoensureyouhaveavalidcontract
Learning Objectives Pre-reading Reading Post-reading Further Reading Passage 1 What is a Contract? https://www.legalmatch.com/law-library/article/what-is-a-contract.html Definition of Business Contract A business contract refers to an agreement between two private parties that creates mutual legal obligations. A contract can be either oral or written. However, oral contracts are more challenging to enforce and should be avoided, if possible. Some contracts must be written in order to be , such as contracts that involve a significant amount of money (over $500). Contracts are part of everyday dealings in all aspects of life. Therefore, it is crucial to understand the rules governing them to ensure you have a valid contract. (法律上)有效的; (正式)认可 的 that is legally or officially acceptable valid
ReadingPost-readingFurtherReadingLearningObjectivesPre-reading执行tomakesth.happen卡All valid contracts must include thefollowing elements to be enforced:An offer (I will pay you $1,000 for 1,000 cupcakes);And acceptance of the offer presented with(Other personaccepts $1,oo0for1.000 cupcakes);Apromise to perform (Other person says they will perform);A valuable consideration ($1,000);A time or an event of when the performance must be made (1,ooo cupcakesexactly2weeksfromnow);Terms and conditions for the performance (The cupcakes must be chocolateand have vanilla frosting);Performance (The 1,ooo cupcakes are delivered and the person is paid$1,000)
Learning Objectives Pre-reading Reading Post-reading Further Reading All valid contracts must include the following elements to be : An offer (I will pay you $1,000 for 1,000 cupcakes); And acceptance of the offer presented with (Other person accepts $1,000 for 1,000 cupcakes); A promise to perform (Other person says they will perform); A valuable consideration ($1,000); A time or an event of when the performance must be made (1,000 cupcakes exactly 2 weeks from now); Terms and conditions for the performance (The cupcakes must be chocolate and have vanilla frosting); Performance (The 1,000 cupcakes are delivered and the person is paid $1,000). enforced 执行 to make sth. happen
ReadingPost-readingFurtherReadingLearningObjectivesPre-reading兰On top of that, the courts will not enforce certain contracts unless they are inwriting. These contracts fall under the Statute of Frauds and must be in writing.They include marriage contracts, contracts not to be performed within one yearinterest in land contracts, paying decedent's debt guarantees, and sale of goodscontractsoveraspecificamount.逝者aperson who isnoMost contracts are governed by the st longer livingore it is important1toconsiderthelocallawswhendealingwithacontractissue
Learning Objectives Learning Objectives Pre-reading reading Reading Reading Post Post-reading reading Further Reading Further Reading On top of that, the courts will not enforce certain contracts unless they are in writing. These contracts fall under the Statute of Frauds and must be in writing. They include marriage contracts, contracts not to be performed within one year, interest in land contracts, paying debt guarantees, and sale of goods contracts over a specific amount. Most contracts are governed by the state statues and therefore it is important to consider the local laws when dealing with a contract issue. decedent’s 逝者 a person who is no longer living