Business Law

Edit Answers
1234567891011121314151617181920
Across
  1. 7. - An agreement between two or more parties outlined in a formal document which is not legally binding but signals the willingness of the parties to move forward with a contract.
  2. 8. - Getting into a contract with a person or a company on false grounds by making statements that are not in accordance with the facts.
  3. 9. / A persons legal ability to enter into a contract.
  4. 12. / A set of promises or simply an agreement
  5. 14. / A bullet-point document outlining the material, terms and conditions of a business agreement. .
  6. 16. / The doctrine wherein if you benefit out of something, you need to compensate the people you benefitted from.
  7. 18. / The document that has the interest, and legal rights of ownership of immovable property.
  8. 20. / A contract agreement in which an offeror promises to pay after the occurance of a specified act done buy the person accepting the offer.
Down
  1. 1. / People who are denied the ability to fully and legally enter a contract.
  2. 2. / Dishonest and illegal activities perpetrated by individuals or companies in order to provide an advantageous financial outcome to those people or establishments.
  3. 3. / ___ is used to identify the promise underlying in a transaction, thereby binding them to it.
  4. 4. / An individual who cannot manage his/her person and affairs and also categorised as one type of unsound mind by the Indian law. One of the three categories recognized by law for an unsound mind.
  5. 5. / A formal agreement between two or more parties may be rendered unenforceable due to legal reasons like duress or fraud.
  6. 6. / Prescribes laws related to contracts in India
  7. 10. / ___ is a benefit which must be bargained for between the parties and is the essential reason for a party entering into a contract
  8. 11. - Which sectio of the ICA allows you to enter into a contract with a sound person who is genreallly of unsound mind.
  9. 13. / Any foreign national belonging to a country which is at war with your country.
  10. 15. / One way through which the court directs the party committing the breach of contract is done by ___, of their end of the contract
  11. 17. - When the party has ceased to pay its debts in the ordinary course of business, or cannot pay its debts as they become ___
  12. 19. / A bank manager who assists the robbers in gaining entry to the bank vault because a) they have a gun to his head, or b) he reasonably believes they are holding his family hostage is a case of ___