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7. General conditions

  1. All the disputes and discrepancies concerning the agreement are regarded by the International Commerce Arbitration Court of the Chamber of Trade and Com­merce of Ukraine (Kyiv city) in Accor­dance with the current legislation of Ukraine.

  2. Changes and supplements to the agreement are valid if written and signed.

  3. This agreement acquires legal force since the date of its signing and it is valid till December 31, 2002.

  4. Prolongation of agreement is done by exchanging of official letters.

  5. The two parties are not supposed to entitle with their rights to the third part without other than by mutual decision.

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7.6. Угода може бути розірвана однією з сторін шляхом письмового повідомлен­ня другої сторони за тридцять днів до дати розірвання Угоди. 7.7. Умови та текст даної Угоди є коме­рційною таємницею і розголошенню не підлягають.

  1. Agreement can be cancelled by one of the parts by means of written application in 30 days prior to the date of cancellation.

  2. The terms and subject matter in two copies in Ukrainian and English both hav-ing equal legal force.

Ш. Post-reading stage:

3. Consult a dictionary, read and translate the following words:

• a binding obligations

• terms and conditions

• a transfer of real estate

• to sign a contract

• the basis of a transaction

• a binding obligations

• a prospective buyer

• a transfer of real estate

• to come to an agreement

• the basis of a transaction

4. Answer the following questions:

  1. What do the two parties sign after coming to an agreement about terms and condi­tions of the transactions?

  2. What is contract?

  3. What types of contracts do you know?

  4. What items are necessary in any contract?

  5. What elements should a contract contain to be a legally binding agreement?

5. Sum up what the text says about:

  1. the preparatory work before the contract is signed;

  2. the usual information the contract specifies;

  3. the types of contracts.

  1. Learn the contract given above and define all the clauses of the contract. How many clauses does it contain ?

  2. Consult a dictionary, read and translate the following words:

• subject of agreement

• compulsory participation

• to provide the services

• non-provided service

• in accordance with «

• compensation charge

• point of destination

• procedure of payment

• medical insurance

• appendix

• in full amount

• to be remitted

• conditions of providing services

• legislation

• to be substituted

• receiving part

• to make refund

• the law in force

•a claim

• compensation of damages

Англійська мова

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