definitions
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| stakeholders | show 🗑
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| show | is someone who takes a risk to set up a business to make a profit e.g. bill gates
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| show | they provide some of the finance to turn an idea into a business e.g. a bank gives out loans or you have private investors e.g. dragons den
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| show | they buy goods and services that are provided by entrepeneurs
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| competitive relationship | show 🗑
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| show | this is a win win situation
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| show | is an organisation whose aim is to influence decisions made by the government and the eu
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| show | means trying to persuade the decision maker through an organised campaign, usually involving discussions at which the organisations views are put forward
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| show | this occurs when people disagree
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| concillation | show 🗑
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| arbitration | show 🗑
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| contract | show 🗑
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| show | the formation of a contract involves one party making an offer to another party
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| acceptance | show 🗑
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| consideration | show 🗑
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| show | the parties to a contract must agree to its terms
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| show | must be the intention of the parties to create a legally binding agreement
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| show | in order for an agreement to be a valid contract the parties must have the legal right to do so e.g. a person under 18 does not
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| show | this means that legally binding contracts can only be for legally binding transactions
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| show | a contract must be drawn up in a legal form
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| show | its an ivetation to someone to make an offer which can be accepted or rejected
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| show | both parties agree to end contract early therefore they are free from any legal charges e.g. a premiership player is not scoring enough goals & is under pressure from fans he agrees to leave the club
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| performance | show 🗑
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| frustration | show 🗑
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| breach | show 🗑
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Created by:
daniel2799
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