FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RCgV7EJVSCJGEILuJzCYEpz
Label Negotiation Sequence
Preferred Label Contractual Turn
Identifier N/A
Alternative Labels
Negotiation Iteration Negotiation Round Turn

Definition

In the context of contract negotiations, a Contractual Turn refers to each sequential exchange or iteration in the negotiation process, typically involving the drafting, reviewing, and revising of the contract. For example, Turn 1 may involve Party A sending the initial draft of the agreement to Party B, and Turn 2 may involve Party B sending a marked-up draft back to Party A.

Class Relationships

Is Defined By

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See Also

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Parent Class Of 1

Class Hierarchy Visualization

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Additional Information

Metadata

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Description

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available