Which phrase means to conclude a contract?

Study for the Bachelor of Business and Economics (BBE) Entrance test. Focus on Math with flashcards and multiple choice questions, each accompanied by hints and explanations. Prepare effectively for your exam!

Multiple Choice

Which phrase means to conclude a contract?

Explanation:
Concluding a contract means bringing negotiations to a final agreement and making the commitment official with the other party. The phrase that fits this sense is close a contract with, because it directly conveys finishing the negotiations and sealing the deal with a specific partner. Signing a contract is about the act of signing, which often happens after terms are agreed, rather than the act of bringing the agreement to a close. Drafting a contract is about creating the document itself, and ending a contract means terminating it. Example: They closed a contract with the supplier after final terms were agreed.

Concluding a contract means bringing negotiations to a final agreement and making the commitment official with the other party. The phrase that fits this sense is close a contract with, because it directly conveys finishing the negotiations and sealing the deal with a specific partner. Signing a contract is about the act of signing, which often happens after terms are agreed, rather than the act of bringing the agreement to a close. Drafting a contract is about creating the document itself, and ending a contract means terminating it. Example: They closed a contract with the supplier after final terms were agreed.

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