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Match correct term to definition. contract voidable contract a . term that releases party from liability regardless of fault b . an agreement that can
Match correct term to definition.
contract
voidable contract
a term that releases party from liability regardless of fault
b an agreement that can be enforced in court
void contract
c contract that is unenforceable
acceptance
d legal avoidance of contractual obligation
consideration
e unmaking of a contract
offer
f value given in return for a promise or performance
forbearance
g act by offeree that shows agreement to an offer
rescission
detrimental reliance
counteroffer
i a promise to do or refrain from doing a specified action
disaffirmance
j party making the offer
exculpatory clauses
k refraining from an action that one has a legal right to do
I. a contract that can be voided at option of one of parties
contractual capacity
act of accepting and giving legal force to obligation that
ratification previously was not enforceable
promissory estoppel
rejection of original offer & simultaneous making of new offer
offeror
o legal ability to enter into a contractual relationshipr
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