Examlex
Name and describe the five types of trade promotions.
Final Offer
The last proposal or statement of conditions one party will accept during negotiations.
Negotiating
The process of discussing terms and conditions in order to reach a mutual agreement.
Binding Contract
An agreement that is legally enforceable in a court of law, requiring all parties to fulfill their obligations as outlined.
Written Acceptance
Formal acknowledgment in writing that an offer or proposal has been received and agreed upon.
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