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Removed link to stepstones. Term is used idiomatically, not literally.
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{{Short description|In law, term used in a negotiation}} |
{{Short description|In law, term used in a negotiation}} |
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In law, an '''agreement in principle''' is a |
In law, an '''agreement in principle''' is a stepping stone to a [[contract]]. Such agreements with regard to the principle are usually considered fair and equitable. Even if not all details are known, an ''agreement in principle'' may, for example, outline a schedule of [[royalties]].<ref name="Schatzki1999">{{cite web|title=Agreement in Principle |url=http://www.negotiationdynamics.com/NDir11.asp |last=Schatzki |first=Michael |publisher=Negotiation Dynamics |accessdate=2012-03-13 |url-status=dead |archiveurl=https://web.archive.org/web/20120504212704/http://www.negotiationdynamics.com/NDir11.asp |archivedate=2012-05-04 }}</ref> |
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== References == |
== References == |
In law, an agreement in principle is a stepping stone to a contract. Such agreements with regard to the principle are usually considered fair and equitable. Even if not all details are known, an agreement in principle may, for example, outline a schedule of royalties.[1]
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