Business Law - 335 - Matching Terms - Section 2 | 2024/2025 | 100% Verified
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Business Law - 335 - Matching
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Business Law - 335 - Matching
Business Law - 335 - Matching Terms -
Section 2 | 2024/2025 | 100% Verified
Match the term with its definition:
Consideration
Something of value exchanged between parties in a contract.
Breach of Contract
Failure to perform a contractual obligation as agreed.
Duress
Coercio...
Business Law - 335 - Matching Terms -
Section 2 | 2024/2025 | 100% Verified
Match the term with its definition:
Consideration
✔✔ Something of value exchanged between parties in a contract.
Breach of Contract
✔✔ Failure to perform a contractual obligation as agreed.
Duress
✔✔ Coercion or threats used to force someone into a contract.
Unilateral Contract
1
, ✔✔ A contract in which one party makes a promise in exchange for an act.
Void Contract
✔✔ A contract that is not legally enforceable from the start.
Performance
✔✔ Fulfilling the terms agreed upon in a contract.
Capacity
✔✔ The legal ability of a party to enter into a contract.
Rescission
✔✔ The act of canceling a contract and returning to pre-contractual positions.
2
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