Business Law

8. - persons disqualified by who are nationals from an enemy country.
9. - a deed where interest is transferred from one person to another.
10. - is merely an invitation to submit an offer, with no intention to create legal obligations.
11. - An act which allows minors to be a part of profits only.
13. - agreement + _______ = contract
15. - a doctrine of this states that if you benefit anything from a transaction you have to restitute that benefit.
17. - identifying an underlying promise in a transaction that binds.
19. - Voluntary Acquiescence to the proposal of another; the act or result of reaching an accord; a concurrence of minds; actual willingness that an act or an infringement of an interest shall occur.
20. - the use of express or implied threats of violence or reprisal (as discharge from employment) or other intimidating behavior that puts a person in immediate fear of the consequences in order to compel that person to act against his or her will."

1. - an offer is an “expression to contract made with the intention it shall become binding on an offeror as soon as it is accepted by the offer”.
2. - The fundamental law, written or unwritten, that establishes the character of a government by defining the basic principles to which a society must conform.
3. - failure to understand or interpret something correctly.
4. - an act or omission that gives rise to injury or harm to another and amounts to a civil wrong for which courts impose liability.
5. - "one of the parties is in a position to obtain an unfair advantage over the other."
6. - "A person generally sound occasionally unsound can enter a contract when he is in sound mind."
7. - A contract in which only one party makes an express promise, or undertakes a performance without first securing a reciprocal agreement from the other party.
12. - a contract which is originally considered to be legal and enforceable but can be rejected by one party if the contract is discovered to have defects.
14. - formed where there is an offer, acceptance, consideration and an intention to create a legal relation.
16. - a nonbinding agreement setting forth the basic terms and conditions under which an investment will be made. It serves as a template to develop more detailed legally binding documents.
18. - That state of a man's mind which is adequate to reason and comes to a judgment upon ordinary subjects, like other rational homosepians.