Business Law: Obligations and Contracts

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Across
  1. 3. – Those who enter into a contract and are bound by it.
  2. 4. – The meeting of minds between parties; must be intelligent, free, and voluntary.
  3. 5. – Private reasons or intentions that may lead someone to contract but do not affect its validity.
  4. 8. – An unlawful purpose for which a contract is created.
  5. 10. – A deceitful practice that can vitiate consent in a contract.
  6. 11. – A contract made to deceive others, such as pretending to sell a property.
  7. 13. – The legal status of a contract that has all essential requisites.
  8. 14. – The act of agreeing to the terms of an offer.
  9. 15. – When the price is grossly disproportionate but does not automatically invalidate a contract.
Down
  1. 1. – What results when one essential element of a contract is missing.
  2. 2. – A proposal to enter into a contract, usually the first step in the meeting of minds.
  3. 6. – A contract that produces no legal effect, as if it never existed.
  4. 7. – The essential reason which moves the contracting parties to enter into a contract.
  5. 9. – A person who cannot validly give consent to a contract, such as a minor or insane person.
  6. 12. – The subject matter of the contract.