Chapter 12 Vocab
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| Acceptance | show 🗑
|
||||
| Accord and Satisfaction | show 🗑
|
||||
| show | A statement between a creditor (the person to whom money is owed) and a debtor (the person who owes) based upon a series of prior transactions that a particular amount is owed to the creditor as of a certain date.
🗑
|
||||
| show | A task or piece of work assigned to someone
🗑
|
||||
| show | A person to whom a right or liability is legally transferred.
🗑
|
||||
| Assignor | show 🗑
|
||||
| show | A reciprocal arrangement between two parties where each promises to perform an act in exchange for the other party's act. Each party is an (a person who is bound to another) to its own promise, and an obligee (a person to whom another is obligated or boun
🗑
|
||||
| show | A legal cause of action in which a binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance or interference with the other party's performance.
🗑
|
||||
| Competent Parties | show 🗑
|
||||
| Contract | show 🗑
|
||||
| Counteroffer | show 🗑
|
||||
| show | To tell (someone) officially that they can or must leave, in particular.
🗑
|
||||
| Duress | show 🗑
|
||||
| Executed Contracts | show 🗑
|
||||
| show | A contract which has not yet been fully performed, that is to say, fully executed. To put it another way, it's a contract under which both sides still have important performance remaining.
🗑
|
||||
| show | An exchange of promises in which the terms by which the parties agree to be bound are declared either orally or in writing, or a combination of both, at the time it is made.
🗑
|
||||
| Formal Contract | show 🗑
|
||||
| Fraud | show 🗑
|
||||
| Implied Contract | show 🗑
|
||||
| Impossibility of Performance | show 🗑
|
||||
| show | Agreement that is not (or need not be) in a prescribed format to be legally valid and binding.
🗑
|
||||
| show | A representation in good faith reasonably believed true by the one making it but in fact untrue.
🗑
|
||||
| show | When one or many party/persons are invited to one or more offer
🗑
|
||||
| show | an offer must be accepted exactly with no modifications. The offeror is the master of one's own offer.
🗑
|
||||
| show | the action or offense of giving a false or misleading account of the nature of something.
🗑
|
||||
| Money Damages | show 🗑
|
||||
| Novation | show 🗑
|
||||
| Offer | show 🗑
|
||||
| Offeree | show 🗑
|
||||
| show | The person who gives the offer
🗑
|
||||
| show | the action or process of carrying out or accomplishing an action, task, or function.
🗑
|
||||
| show | The act of going back
🗑
|
||||
| show | recompense for injury or loss. aka money
🗑
|
||||
| Specific Performance | show 🗑
|
||||
| show | Influence by which a person is induced to act otherwise than by their own free will or without adequate attention to the consequences.
🗑
|
||||
| show | a contract created by an offer than can only be accepted by performance
🗑
|
||||
| show | A contract that complies with all the essentials of a contract and is binding and enforceable on all parties
🗑
|
||||
| Void Contract(s) | show 🗑
|
||||
| Voidable Contract | show 🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
Jonay
Popular Law sets