Leaving Cert Business People in Business & Contracts: Column 1 is a list of business t

Question

Column 1 is a list of business terms relating to contract law. Column 2 is a list of possible explanations for these terms.
(One explanation does not refer to any of these terms.)

| Column 1: Terms          | Column 2: Explanations                                      |
|--------------------------|------------------------------------------------------------|
| 1. Specific Performance   | A. Some contracts must be in writing to be legally valid.  |
| 2. Legality of form      | B. A way of terminating a legal contract.                  |
| 3. Performance           | C. The mutual exchange of something of value in a contract. |
| 4. Consideration         | D. Each party chooses to enter a contract voluntarily.      |
| 5. Capacity              | E. A remedy for breach of contract.                         |
|                          | F. The legal right to enter into a contract.                |

Match the two lists by placing the letter of the correct explanation under the relevant number below.

1. __________
2. __________
3. __________
4. __________
5. __________

Column 1 is a list of business terms relating to contract law - Leaving Cert Business - Question 1 - 2017

Worked Solution & Example Answer:Column 1 is a list of business terms relating to contract law - Leaving Cert Business - Question 1 - 2017

1. Specific Performance

2. Legality of form

3. Performance

4. Consideration

5. Capacity

Join the Leaving Cert students using SimpleStudy...