1:00
en
CR
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:| 2. | an offer or promise by the person giving the offer or promise without a second party accepting it. | | 5. | a legal claim or hold on a piece of property. | | 6. | an entity that owes a debt to another entity. | | 8. | agreement entered into voluntarily by two parties or more with the intention of creating a legal obligation |
| | Down:| 1. | an agreement created by actions of the parties involved | | 3. | an instrument of indebtedness | | 4. | a legally binding agreement between two parties in which all the essential terms of the contract | | 7. | a legal status of an insolvent person or an organization |
| |
© 2012
PuzzleFast.com, Noncommercial Use Only
activity 6 crossword puzzle
Across:| 2. | an offer or promise by the person giving the offer or promise without a second party accepting it. | | 5. | a legal claim or hold on a piece of property. | | 6. | an entity that owes a debt to another entity. | | 8. | agreement entered into voluntarily by two parties or more with the intention of creating a legal obligation |
| | Down:| 1. | an agreement created by actions of the parties involved | | 3. | an instrument of indebtedness | | 4. | a legally binding agreement between two parties in which all the essential terms of the contract | | 7. | a legal status of an insolvent person or an organization |
| |
© 2012
PuzzleFast.com, Noncommercial Use Only