Do you understand the following? Can you explain these terms in simple plain English to your clients? (The solutions are in the February edition of Lawspeak…) So, you had better sharpen up your pencils and get started:
1. time is of the essence
2. a Romalpa clause
3. without prejudice (in an offer of settlement)
4. an invitation to treat
5. garden leave
6. a unilateral contract
7. an adhesion contract
8. the construction of a contract
9. a Himalaya clause
10. a Chinese wall
11. pro rata
12. rescission (of a contract)
13. cancellation (of a contract)
14. in camera
15. et al
16. a non-reliance clause
17. avoid a contract
18. misrepresentation
19. warranty
20. rectification