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Ch 3: Contract Elements
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implied:Type of contract where the rights and obligations of the parties to a contract are inferred from their conduct.
void:.......... contract. A contract of no legal effect.
formal:.......... contract. These are contracts where no consideration is required.
unilateral:.......... contract. This contract exists where an offer is made inviting acceptance. The acceptance comes in the form of an act rather than the agreement to act.
consideration:Something of value given by each party to ensure the other party lives up to their promise in the contract.
agreement:For this to exist, their must be an offer and an acceptance of the offer.
offer:When one party gives another a clear indication they are willing to be bound on certain terms.
misrepresentation:When a party makes false claims or representations about something in an attempt to induce someone into a contract.
valid:.......... contract. Where all six required elements exist.
duress:Where consent to enter into a contract is only obtained due to illegitimate pressure or threats.
executed:.......... contract. Where both parties have performed their obligations under the contract.
acceptance:A statement (whether oral or written) or conduct that indicates agreement with a specific offer.
common:.......... mistake. Where both parties are mistaken regarding a factor that is crucial to their agreement.
unenforceable:............ contract. A contract which contains all six required elements but factors such as a technical error make it impossible for the contract to be enforced.
illegal:............ contract. A contract that is prohibited at law.
simple:.............. contract. A contract that is not a formal contract.
express:.............. contract. Where the intentions of the parties entering into the contract are stated clearly and in explicit terms.
intention:Assumption that all parties to the contract are prepared to be legally bound.
capacity:The ability of each party to enter into a contract.
Ch 3: Contract Elements
Across:3. | .............. contract. Where the intentions of the parties entering into the contract are stated clearly and in explicit terms. | 6. | For this to exist, their must be an offer and an acceptance of the offer. | 7. | Something of value given by each party to ensure the other party lives up to their promise in the contract. | 10. | .......... contract. These are contracts where no consideration is required. | 12. | .......... mistake. Where both parties are mistaken regarding a factor that is crucial to their agreement. | 16. | When a party makes false claims or representations about something in an attempt to induce someone into a contract. | 18. | A statement (whether oral or written) or conduct that indicates agreement with a specific offer. | 19. | Where consent to enter into a contract is only obtained due to illegitimate pressure or threats. |
| | Down:1. | ............ contract. A contract that is prohibited at law. | 2. | .......... contract. Where all six required elements exist. | 4. | .......... contract. A contract of no legal effect. | 5. | Assumption that all parties to the contract are prepared to be legally bound. | 8. | .......... contract. Where both parties have performed their obligations under the contract. | 9. | When one party gives another a clear indication they are willing to be bound on certain terms. | 11. | ............ contract. A contract which contains all six required elements but factors such as a technical error make it impossible for the contract to be enforced. | 13. | .......... contract. This contract exists where an offer is made inviting acceptance. The acceptance comes in the form of an act rather than the agreement to act. | 14. | The ability of each party to enter into a contract. | 15. | Type of contract where the rights and obligations of the parties to a contract are inferred from their conduct. | 17. | .............. contract. A contract that is not a formal contract. |
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PuzzleFast.com, Noncommercial Use Only
Ch 3: Contract Elements
Across:3. | .............. contract. Where the intentions of the parties entering into the contract are stated clearly and in explicit terms. | 6. | For this to exist, their must be an offer and an acceptance of the offer. | 7. | Something of value given by each party to ensure the other party lives up to their promise in the contract. | 10. | .......... contract. These are contracts where no consideration is required. | 12. | .......... mistake. Where both parties are mistaken regarding a factor that is crucial to their agreement. | 16. | When a party makes false claims or representations about something in an attempt to induce someone into a contract. | 18. | A statement (whether oral or written) or conduct that indicates agreement with a specific offer. | 19. | Where consent to enter into a contract is only obtained due to illegitimate pressure or threats. |
| | Down:1. | ............ contract. A contract that is prohibited at law. | 2. | .......... contract. Where all six required elements exist. | 4. | .......... contract. A contract of no legal effect. | 5. | Assumption that all parties to the contract are prepared to be legally bound. | 8. | .......... contract. Where both parties have performed their obligations under the contract. | 9. | When one party gives another a clear indication they are willing to be bound on certain terms. | 11. | ............ contract. A contract which contains all six required elements but factors such as a technical error make it impossible for the contract to be enforced. | 13. | .......... contract. This contract exists where an offer is made inviting acceptance. The acceptance comes in the form of an act rather than the agreement to act. | 14. | The ability of each party to enter into a contract. | 15. | Type of contract where the rights and obligations of the parties to a contract are inferred from their conduct. | 17. | .............. contract. A contract that is not a formal contract. |
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© 2013
PuzzleFast.com, Noncommercial Use Only