Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Match the definition below with the correct term. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 A

Match the definition below with the correct term.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

A conditional promise toa creditor to pay a debt if the debtor defaults.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

A contract that, in certain circumstances, an aggrieved party can choose to keep in force or bring to an end.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

The right to prevent others from copying or modifying certain works.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

A division of profits payable to shareholders.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

A debt where the creditor has only a contractual right to be repaid.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

A person who is authorized to act on behalf of another.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

A partnership in which the partners have unlimited liability for their own malpractice but limited liability for other partners' malpractice.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Termination of a contract by an unexpected event or change that makes performance functionally impossible or illegal.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

A monopoly to make, use or sell an invention.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

A partnership in which the liability of some partners is limited to their capital contribution.

1.Agent

2.Copyright

3.Dividend

4.Frustration

5.Guarantee

6.Limited liability partnership

7.Limited partnership

8.Patent

9.Performance

10.Secured credit/or

11.Subrogation

12.Trademark

13.Unsecured credit/or

14.Void contract

15.Voidable Contract

16.Guarantor

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Family Law

Authors: Samantha Davey

10th Edition

1352009196, 978-1352009194

More Books

Students also viewed these Law questions

Question

Explain the benefits of a health and wellness strategy

Answered: 1 week ago

Question

Describe the components of a workplace wellness programme

Answered: 1 week ago