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Question		Answer
Consideration start learning		Something of value exchanged between parties to form a contract.
Counter offer start learning		a response for an offer that changes its terms and acts as a new offe
Specific performance start learning		a court ordering the party to fullfill their contract obligation
Assignment start learning		The transfer of contractual rights or obligations to sb else
Essential terms start learning		the neccessary elements that must be included in the contract to be enforced by the law
Written contract start learning		an agreement between parties that is recorded in writing and signed
Oral contract start learning		a legally bindind agreement beetween parties made through spoken word not written down
Notary deed start learning		a legal document certified by a notary public to verify its authenticy
Assignor start learning		the party who transfers their contractual rights or obligations to other party
Assignee start learning		a party or entity to whom the contractual rights or obligations are transfered
Obligations start learning		duties or resposibilities that parties must perform under the contract
Rights start learning		legal entitlements granted to parties within a contract
Breaching party start learning		the party that fails to fulfill their contractual obligations
Non The party that upholds their end of the contract when the other does not. start learning		breaching party
Damages start learning		monetary compensation awarted to a party for loss caused by a contract breach
Formation start learning		a proces which a valid contract comes into existance through offer, acceptance and consideration
Offer start learning		a proposal by one party to enter into contract by showing clear intent to be bound
Party start learning		an individual or entity involved in a contract, having right and obligations
Breach of contract start learning		failure by a party to fulfill their contractual obligations
Enforceable contract start learning		a legally binding contract recognized by the law
Mutual assent start learning		Agreement by all parties to the terms of the contract
Legal capacity start learning		the ability of a party to enter into a binding contract
Offeror start learning		party who makes an offer in contract negotiations
Acceptance start learning		the act of agreeing to the terms of an offer, forming a contract
Legal remedy start learning		a solution provided by law to enforce a right or compensate for a breach
Contract negotiation start learning		the process where parties discuss and modify terms before reaching an agreement
Contract participant start learning		an individual or entity involved in making or carrying out a contract
Contract transfer start learning		the act of moving rights or obligations from one party to another within a contract
Contract process start learning		the steps required to create a legally binding agreement including offer and acceptance
Contractual rights start learning		legal entitlements granted to a party under a contract
Contractual obligations start learning		duties that party must perform according to a contract
Notary deed start learning		document certified by a notary public to confirm its authenticity
Specific performance start learning		a a court requiring a party to carry out their contract promises
Assignment start learning		the transfer of rights or duties from one party to another in a contract

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