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Contract Negotiation
What is contract negotiation?
Contract negotiation is theprocess through which two or more parties deliberate over the terms of a contractto reach an agreement on how their relationship will operate and what their obligations will be.
The main goal of contract negotiations is for each party to be satisfied with the rights and obligations assigned to them. To achieve this, parties will use contract negotiation processes to flag any terms they’re unhappy with and suggest new, amended alternatives.
Business negotiations also help to ensure that the terms set out are as favorable as possible for both parties, with as little risk as possible.
For example, if you'renegotiating a contract with a vendor, you'll probably want to advance your company's interests by negotiating more lenientcontract terminationrights. But the vendor may want to achieve the opposite.
Successful contract negotiation processes enable you to compromise and reach an agreement on terms that work for both parties - hopefully with minimal fuss.
Mapperley is a residential and commercial area of north-eastern Nottingham, England. The area is bounded by Sherwood to the north-west, Thorneywood to the south and Gedling to the east.
At various periods the terms 'Mapperley' and 'Mapperley Plains' have been applied to lands, on either side of Woodborough Road (B684), from a point at the junction of Mapperley Road, north-east for a distance of some 3+3⁄4 miles (6.0 km), to that point where the road forks towards Woodborough village. The stretch of Woodborough Road from Mapperley Road to Porchester Road is called 'Mapperley Plains' on Jackson's map of 1851–66, for example.[1][2] This section considers the history of the suburb within the present day city boundary.
The origins of the city of Nottingham suburb called Mapperley seem to be found in the fourteenth century. Writing in the 1670s about lands in the lordship of Basford (i.e. west of present-day Woodborough Road) which were called cornerswong, Dr Robert Thoroton, notes:
In the time of Richard the second (reigned 1377-99), Thomas Mapurley was a considerable man at Nottingham…. He, or his posterity, became possessed of the chiefest part of these grounds, which was the occasion of them being called Maperley's Closes; and since there being a cottage-house or two, and some odd barns erected, it goes for a small Hamlet called Mapurley.[3]
