Glossary. 3. acceptance, n. - conditional acceptance (2)

1. abide, v (1)

2. absolute, adj. (2)

3. acceptance, n. - conditional acceptance (2)

4. action (1)

5. adequate, adj (1)

6. agreement. N (1)

· formal agreement.

· invalid agreement..

· simple agreement.

· valid agreement..

· voidable agreement.

· void agreement

7. apply, vb (2)

8. apprentice (3)

9. arbitrator, n. (2)

10. arrear, n. (usu. pl.) Also termed arrearage (1)

11. assent, n. – assent, vb. (2)

· constructive assent.

· express assent.

· implied assent.

Assurance (3)

12. award (3)

13. bill, n. (1)

14. bill of exchange, n - Also termed draft; letter of exchange (1)

15. bind. v - binding. adj - binder. n. (1)

16. breach, n - breach, vb. (1)

· breach of contract..

· active breach of contract.

· anticipatory breach.

· continuing breach.

· efficient breach..

· material breach..

· partial breach.

· passive breach of contract.

· total breach.

17. capacity (3)

18. cause (3)

19. caveat emptor (3)

20. cease, vb. – cessation, n.

21. check, n (1)

22. claim, n. (1)

23. communication, n (2)

24. conclusive presumption.. – Also termed absolute presumption; irrebuttable presumption; mandatory presumption; presumption juris et de jure. (1)

25. condition, n (2)

· express condition.

· implied condition..

26. contract. n (1)

· adhesion contract.

· Alternative contract (3)

· Continuing contract (3)

· contract under seal..

· invalid contract..

· unenforceable contract. Also termed agreement of imperfect obligation.

· contract uberrimae fidei (3)

· valid contract.. – Also termed valid agreement.

· voidable contract.

· void contract. Also termed discharged contract.

27. consideration. n. (1)

· adequate consideration..

· inadequate consideration..

· past consideration.

· sufficient consideration. Also termed due consideration; legally sufficient consideration.

· valuable consideration.. – Also termed good and valuable consideration; legal consideration

28. convey, vb - conveyance, n. (1)

29. counteroffer, n – counteroffer, vb. – counterofferor, n. (2)

30. damages (3)

31. dealer, n (2)

32. deceive/ deceit (3)

33. defect (3)

34. destitute, adj.. (1)

35. detriment. - detriment to a promisee. (1)

36. discretion (3)

37. dispensation, n. (2)

38. duration, n (2)

39. duress, n. (1)

40. economic duress (3)

41. duty, n (1)

· legal duty.

· moral duty– Also termed natural duty.

· public-duty doctrine.– Also termed public-duty rule

42. effect, n. (1)

43. enforce. V (1)

· enforcement. n..

· unenforceable, adj.

44. entitle, vb. - entitlement, n (1)

45. equitable, adj. (1)

46. estoppel, n. - estop, vb (1)

· equitable estoppel.– Also termed estoppel by conduct; estoppel in pais. 2. See promissory estoppel.

· promissory estoppel.– Also termed (inaccurately) equitable estoppel.

47. expiration, – expire, vb. (2)

48. foreseeability, foreseeable, foreseeable damages (3)

49. forfeiture (3)

50. good faith, n. Also termed bona fides. (1)

51. goods, n. (2)

52. guarantee, n.. – Also termed guaranty (1)

53. hire-purchase agreement.– Also termed lease-purchase agreement; lease-to-purchase agreement; capital lease. (1)

54. identity (3)

55. impunity. - immunity. n. (1)

56. incapacity (3)

57. inconsistent, adj. (1)

58. incorporate, vb (2)

59. incur, vb. – incurrence, n. – incurrable, adj (1)

60. indorsement (3)

61. induce/ inducement (3)

62. innocent (3)

63. innocent party (3)

64. intention, n.. (1)

65. inter alia, adv (2)

66. lapse, n - lapse, vb (2)

67. lease, n.– Also termed lease agreement; lease contract. (1)

68. liable, adj (1)

69. liability (3)

70. life insurance (3)

71. limit, n. – limit, vb. – limited, adj. (2)

72. loan (3)

73. minor, n– Also termed infant. (1)

74. misconduct (3)

75. misleading (3)

76. misrepresentation (3)

77. mistake/mistake of law (3)

78. mortgage, n. (1)

79. necessaries = necessities (3)

80. negligence (3)

81. contributory negligence (3)

82. non est factum (3)

83. nullity (3)

84. obiter (3)

85. offer, n– offer, vb. – offeror, n. – offeree, n. (2)

· offer to all the world..

· public-exchange offer

86. onus (3)

87. option, n. (2)

88. pawnbroker (3)

89. performance, n.– Also termed full performance. – perform, vb. (1)

90. presumption. (1)

91. proceeds (3)

92. promissory note.– Also termed note of hand. (1)

· promise, n.. – promise, vb. - a promisee

· promisor, n..

93. public policy– Also termed policy of the law. (1)

94. purport, n. purport, vb. (2)

95. qualification, n.– qualify, vb. - qualified, adj (2)

· qualified acceptance

96. ratification (3)

97. reasonable person - Also termed reasonable man; prudent person; ordinarily prudent person (2)

98. rebut, vb (1)

99. rectification (3)

100. rejection, n.– reject, vb. (2)

101. remedy (3)

102. render (3)

103. renewal, n. – renew, vb (1)

104. rental, n.– rental, adj (2)

105. representation (3)

106. repudiation; (2)

107. rescission (2)

108. retailer, n.(2)

109. retract. (2)

110. revocation, n.– revoke, vb. (2)

111. sanction, n (2)

112. sale, n. (1)

113. satisfaction, n– satisfy, vb.(1)

114. security (3)

115. separation agreement (3)

116. severance (3)

117. source, n. (2)

118. specific performance (3)

119. subject matter (3)

120. subrogate/subrogation (3)

121. tenant (2)

122. tender, n.– tender, vb. (2)

123. tender of delivery.

124. terminate, v. (1)

125. title. (1)

126. transaction. n.(1)

127. ultra vires (3)

128. undertaking, n. (2)

129. undue influence (1)

130. valid, adj validate, vb. – validation, validity, n. (1)

131. value, n. – value, vb. – valuation, n. (1)

132. vendor, n. – Also termed venditor (2)

133. void,. – void, avoid, v. – voidness, n. - voidable, adj.. – voidability, n. (1_

134. vitiating factor (3)

135. withdrawal, n.– withdraw, vb. (2)