Chapter 3 vocabulary

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Across
  1. 2. a contract to rent something
  2. 3. a person is legally able to enter into a binding agreement
  3. 5. something of value must be promised in return
  4. 7. an order to remove or repair unsafe products in the market
  5. 9. list the goods or services provided by a business and the price the customer pays in exchange
  6. 10. an individual’s ideas of what is right and wrong
  7. 11. a legally binding agreement between two or more people or businesses
  8. 13. when one or more parties do not follow the agreed terms of a contract without having a legitimate reason
Down
  1. 1. describes the terms of employment between a business and an employee
  2. 4. basic expectations of fair treatment of consumers
  3. 6. regulates how contracts are written, executed, and enforced
  4. 8. all parties involved must agree to the terms of the contract
  5. 12. a proposal to provide a good or service