Saturday, February 26, 2011

Compromise

A compromise is a agreement reached by mutual concessions. It requires parties to agree to certain terms(usually each party have to sacrifice something) and conditions reached by thier discussion. After a compromise is made, both parties receive benifits.

Compromises are sometimes made in businness for partnership and also to settle disagreement/fights without any violence. E.g: In lawsuits, where one party pays another party to not go to court(this saves both parties money for hiring a lawyer and saves the face of the party which loses). Compromise can also be made between friends to make closen their relationship. Thus, compromise is essential.

1 comment:

  1. I agree with Jinhui on his point on compromise. Compromises are the little sacrifises made to save a relationship between two parties. Compromises are a time saving method to solve a problem where both parties could benefit from. Therefore, compromises are essential in Life and in the society, in order for us to move on and not remain in the same spot quarreling over some problems.

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