Amendment, A formal change or addition to a contract, Addendum, An item of additional material added to a contract, Clause, A distinct section or provision in a contract, Obligation, A legal duty or commitment specified in a contract, Scope, The defined extent of work or responsibilities in a contract, Counterparty, The other party involved in a contract or transaction, Negotiation, Discussion aimed at reaching an agreement, especially on contract terms, Liability, Legal responsibility for damage or loss, Indemnification, Protection against loss or damage, especially in a contract, Breach, Failure to fulfill the terms of a contract, Dispute, A disagreement or argument, especially in a legal context, Resolution, The act of solving a problem or disagreement, Validity, The state of being legally or officially acceptable, Enforce, To make sure a contract's terms are carried out
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Key Terms for Amendment Discussions
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