流利说商务英语Level5-Unit2-Part4-Contract-Types

流利说商务英语Level5Unit2Part4ContractTypesEmploymentcontractAnemploymentcontractisbetweenanemployeeandemployer.Itcontainsanemployee'sjobresponsibilities,salaryandworkinghours.SalescontractAsalescontractisanexchangeofgoodsorservicesbetweenthebuyerandseller.Ittransferstheownershipofgoodsfromonepartytoanotherandstatestheamountpaidforit.LicensingagreementAlicensingagreementinvolvestheuseofintellectualpropertysuchasasongorlogo.Bylicensingsomething,acompanycanearnmoneyfromitwithoutgivinguplegalownershipofit.Abrandmaylicenseitslogotoanothercompanyinexchangeforafeeandapercentageofitsprofits.Ifanemployeeviolatesthetermsoftheircontract,theymaybefired.Ifaclothingcompanywantstoearnadditionalmoneywithoutproducinggoods,itcouldlicenseitslogotoanothercompany.Shesignedanemploymentcontractwithanewcompany.Withoutanemploymentcontract,anemployeemaybeexploitedbyanemployer.Asalescontractdescribesthegoodsbeingsold,includingtheirweight,colorandsize.AsalesContractisdraftedbyaselleraftertheyhavereceivedanordertopurchasetheirgoods.Non-DisclosureAgreementNDAANon-Disclosure-AgreementpreventsapartyfromsharingconfidentialInformation.AnNDAisoftensignedwhenonepartyhasaccesstoanothertechnologyorbusinesspractices.PropertyleaseagreementApropertyleaseagreementallowsonepartytorentpropertyfromanother.Itisbetweenalandlordwhoownsthepropertyandthetenantwhorentsit.Itincludesdurationoftheleaseandrentalpayments.SometimesemployeesarerequiredtosignanNDAiftheyhaveaccesstosensitiveinformation.Theemployeeswhohaveaccesstothecompany'stechnologymustsignnon-disclosureagreements.Apropertyleaseagreementdetailswhatatenantmustpayifsomethingbreaks.Propertyleaseagreementsrequiretenantstopayforanydamagestheymadetothepropertyduringtheirlease.