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Business Law

Contract Terms
Restoring an injured party to its original position
An agreemet that neither party may legally enforce
The party in contract negotiations who receives the first offer
A statement that is factually wrong
Intending to induce the other party to contract, knowing the words are false or uncertain that they are true
The legal abiity to enter into a contract
An agreement in which all parties have fulfilled their obligations
To cancel a contract
A contract where both parties make a promise
An offer made in response to a previous offer
Cancellation of the offer
An agreement with all important terms explicibly stated
Are things that are movable, other than money and investment securities
To give notice of refusal to be bound by an agreement
An agreement with all important terms explicitly stated
The legal ability to enter into a contract