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Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Mirror Image Rule

The mirror image rule dictates that when an agreement is accepted, it is accepted based on the exact terms originally offered.

When one party accepts the original offer, the contract is written to mirror that.

If a party declines the original offer, then negotiations starts.

The contract can only be signed and executed when an agreement has been reached.