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Chapter 14 Vocabulary

Across
The process of confirming and accepting a previous action; a void contract can be ratified after the fact to make it legally enforceable
A level of proof higher than mere preponderance of the evidence. In most civil trials preponderance of the evidence is sufficient
Down
The direct relationship between the parties to a contract that arises from their involvement in creating the contract
A fact that is basic to a contract, one that the parties consider to be an essential ingredient of the negotiations