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Match the following pairs. Not all pairing answers need to be used Match the following pairs. Not all pairing answers need to be used. Personal

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Match the following pairs. Not all pairing answers need to be used

Match the following pairs. Not all pairing answers need to be used. Personal assets may be seized to pay business debts. A temporary transfer of possession, not ownership, of personal property. A contract that is contrary to public policy such as a noncompetition contract. Co-ownership with the right of survivorship. Awarding one party a reasonable sum for the goods or services provided under a contract. A requirement that directors act honestly and in good faith in the best interests of the corporation. A principal whose identity is unknown to a third party, who has no knowledge that the agent is acting in an agency capacity. A doctrine whereby someone who relies on a gratuitous promise may be able to enforce it. Rules that govern the day-to-day operations of a company. The termination of a contract by an unexpected event that makes performance of the contract impossible or illegal. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. undisclosed principal illegal contract bylaws unlimited liability frustration joint tenancy fiduciary duty promissory estoppel bailment quantum meruit tenancy in common anticipatory breach easement condition subsequent force majeure rescission privity of contract restrictive covenant gratuitous bailment condition precedent

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