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Type: Matching Text
Category: Business
Level: Grade 10
Author: tlenihan@hotmail.com
Created: 4 years ago

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Grade 10 Business

Match each definition in the column on the left with the appropriate term in the column on the right.
__ An agreement between at least two persons to exchange something of value A. specific performance
__ The means by which a right is enforced or the violation of a right is prevented or made up for B. mutual agreement
__ A proposal to do something or pay an amount in exchange for something C. legally competent
__ Agreement to the proposal of another D. legally competent
__ When the two parties agree exactly to the terms of the agreement E. remedy
__ Something of value F. necessities
__ Order to defendant to carry out the terms G. acceptance
__ Of legal age without mental disability or incapacity H. contract
__ To sign a legal document for a minor I. consideration
__ Enforceable by the courts J. unconscionable
__ The violation of law, duty, or other form of obligation K. expectation damages
__ A false statement meant to induce or persuade a person to agree to something L. legally binding
__ Things needed in life, such as food, shelter, clothing, and medical aid M. fraud
__ Money damages representing what the plaintiff and would have received if the defendant had performed restitution the contract minus what the plaintiff actually received N. breach
__ Grossly unfair, harsh, and oppressive O. rescission and restitution
__ Remedy to cancel the contract and get back any money paid P. cosign
__ When a minor makes payments after turning 18, the contract becomes binding Q. ratfification