03.A Glossary of legal terms

IntentWill in relation to goal
Letter of IntentUsually a preliminary agreement of the parties with regard to main agreement –> general, non-binding intention of the parties to conclude a main contract (s. Chapter 3.10)
OfferOffer of services or goods to conclude a contract
AcceptanceAcceptance of an offer of services or goods
Consideration«Consideration» in the Anglo-American legal area makes a concluded contract effectively enforceable. Consideration is the agreement of an effective exchange of performance and counter performance (–> consideration; does not have to be equal)
Contract
Agreement
Synonyms; «Contract» is in my opinion more formal.
Single signatureThe general power according to the Swiss Commercial Register by which someone may conclude legal transactions alone on behalf of a company.
Joint signatureThe general power according to the Swiss Commercial Register by which someone may conclude legal transactions for a company only together with another person with a single signature or a joint signature.
NotarisationConfirmation of a fact, e.g. a legal transaction (in Switzerland e.g. purchase of land), by a person authorised by the state –> notary or notary public.
B2CLegal relationship between a commercial supplier and a consumer
B2BLegal relationship between two commercial providers or demanders
VATValue Added Tax (for Switerland s. https://www.estv.admin.ch/estv/en/home/mehrwertsteuer/fachinformationen/was-ist-die-mehrwertsteuer.html)
NDANon-Disclosure Agreement (s. Chapter 03.10)
NUANon-Use Agreement (s. Chapter 03.10)
IP, IPRIntellecutal Property, Intellectual Property Rights (s. Chapter 10)
LiabilityLiability for damage (≠ guarantee = liability for a defect) (s. Chapter 7.01)
Force majeurEvent affecting a contract from outside (s. Chapter 3.08)
Entire AgreementContractual clause stating that there are no other agreements outside the contract on a certain subject matter or that such agreements are cancelled with the contract –> everything that the parties want to agree on a certain subject matter of the contract is included in the contract (s. Chapter 03.08)
Applicable lawLaw applicable to a legal relationship
Court of jurisdictionThe court responsible for the decision in a legal dispute
Battle of the formsLegal disputes because both or all contracting parties want to apply their general terms and conditions (GTC) –> risk of contradictions between the GTCs