QUESTION
Is there a common term/condition that is non-obligatory or suggested?
Asked on May 01st, 2014 on Patents - Massachusetts
More details to this question:
In contracts or product licenses, is there a common term or condition that does not obligate the one on contract but sets a wish or suggestion from the contractor?
3 ANSWERS
Intellectual Property Attorney serving South Jordan, UT
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Pearson Butler
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Sometimes people will sign a letter of understanding that lays out some intended plans or will include some terms that are written in a way that they are not promises or commitments. But instead are wishes, understandings, expectations, beliefs, hopes, plans, etc. You would start such a phrase with something like: It is understood that. It is believed by the parties that. The first party expects to.
Answered on May 06th, 2014 at 2:01 PM
Unfortunately i do not have a clue as to what you are talking about. Please rephrase your question.
Answered on May 01st, 2014 at 11:07 AM
Appellate Litigation Attorney serving Boston, MA
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Banner & Witcoff, Ltd.
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Not that I am aware of.
Answered on May 01st, 2014 at 8:47 AM