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activity 6 crossword puzzle
8
Contracts:agreement entered into voluntarily by two parties or more with the intention of creating a legal obligation
Expressed contract:a legally binding agreement between two parties in which all the essential terms of the contract
Implied contract:an agreement created by actions of the parties involved
Unilateral contract:an offer or promise by the person giving the offer or promise without a second party accepting it.
Bond:an instrument of indebtedness
Lien:a legal claim or hold on a piece of property.
Debtor:an entity that owes a debt to another entity.
Bankruptcy:a legal status of an insolvent person or an organization
activity 6 crossword puzzle
Across:1. | a legal claim or hold on a piece of property. | 6. | an offer or promise by the person giving the offer or promise without a second party accepting it. | 8. | a legally binding agreement between two parties in which all the essential terms of the contract |
| | Down:2. | an agreement created by actions of the parties involved | 3. | agreement entered into voluntarily by two parties or more with the intention of creating a legal obligation | 4. | an entity that owes a debt to another entity. | 5. | an instrument of indebtedness | 7. | a legal status of an insolvent person or an organization |
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© 2012
PuzzleFast.com, Noncommercial Use Only
activity 6 crossword puzzle
Across:1. | a legal claim or hold on a piece of property. | 6. | an offer or promise by the person giving the offer or promise without a second party accepting it. | 8. | a legally binding agreement between two parties in which all the essential terms of the contract |
| | Down:2. | an agreement created by actions of the parties involved | 3. | agreement entered into voluntarily by two parties or more with the intention of creating a legal obligation | 4. | an entity that owes a debt to another entity. | 5. | an instrument of indebtedness | 7. | a legal status of an insolvent person or an organization |
| |
© 2012
PuzzleFast.com, Noncommercial Use Only