8.2_cj
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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| Output contract | agreement to purchase all of a particular producer's production
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| Requirements contract | seller agrees to supply all of the needs of a particular buyer
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| Liquidated debt | debt for which the parties agree that the debt exists and on the amount of the debt
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| Accord and Satisfaction | parties' agreement to change the obligation required by their original contract and the performance of the new obligation
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| Release | party settles a claim at the time the tort occurs, and the liability is unliquidated because the extent of damages is uncertain
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| Composition with creditors | agreement by all creditors to accept something less than the total amount of their claims as full payment
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| Past consideration | act that has already been performed cannot be consideration for a promise in the present
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| Statute of Limitations | state laws setting time limit for bringing a lawsuit
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| Promissory Estoppel | enforcement of a promise to avoid injustice by denying to the promisor the defense of lack of consideration
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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.
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Created by:
Chanse.j_
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