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Contract musts.


When negotiating a contract ask for every free or inexpensive option you can get. The other party usually is willing to give them away because they appear to be irrelevant to the deal--but sometimes they become very valuable later on.

When leasing a property, ask for an option to sublease sublease n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner.  even if you have no plans to do that. When committing to a long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 purchase contract, get an option to resell re·sell  
tr.v. re·sold , re·sell·ing, re·sells
1. To sell again.

2. To sell (a product or service) to the public or to an end user, especially as an authorized dealer.
 the goods you buy even if you intend to use them yourself. If circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact.
     2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or
 unexpectedly change, you may need to sublease or sell the goods.
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Article Details
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Title Annotation:GOLDEN BUSINESS IDEA
Author:Zarowin, Stanley
Publication:Journal of Accountancy
Date:Sep 1, 2005
Words:96
Previous Article:A million thanks.(NEWS WIRE)
Next Article:Where do we go next?(SURVEY SAVVY)



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