→ T 6 Understanding Contracts 2 → Start Learning / Download MP3 Flashcards

Question		Answer
to take back goods from sb who is asked to pay for them start learning		Repossess
a probability of damage, injury or loss start learning		Risk
legal right to sth start learning		Title
abbreviation ROT means ‘retention of a title’, clause that gives information when the title in goods is transferred from the seller to the buyer start learning		ROT clause
problems that are likely to happen when you are taking part in a particular activity, this problems are unexpected, unpredicted start learning		Pitfalls
about goods that are impossible to use or sell after a certain time because they become dangerous for people to eat, such as fruit or fish start learning		Perishable
sth that is done to prevent possible harm or trouble from happening in the future start learning		Precaution
to formally ask sb to do a special piece of work, usually of creative nature start learning		to commission
kind of remuneration expressed in percentage and presented in general income start learning		A commission
clause in the contract which states that one party to the contract is not allowed to tell anyone certain confidential information concerning the other party start learning		Non-disclosure clause
idea of severability is that if any provision in the contract appears to be invalid the remaining provisions will be still in force start learning		Severablility
to confirm start learning		Acknowledge
1) less important provision in a contract, breach of warranty may end in claim for damages, 2) promise, guarantee by one party that a particular statement of fact is true and may be relief upon by the other party start learning		Warranty
very important provision in a contract, breach of condition may end in termination of a contract start learning		Condition
to promise to pay if damage or loss occurs start learning		Indemnify
1) time when the contract is binding, 2) provision in a contract start learning		Term of contract
very serious violation of contarct start learning		Material breach
violation of a contract that is not very important start learning		Minor breach
with no harm to start learning		Without predjudice to
payable start learning		To be due
to stop doing sth start learning		To cease
to take property from sb start learning		Seize
except to, depending on start learning		Subject to
upredictable sitiuation which unables party to perfom the contract start learning		Force majeure
general term for any right that a third party has to our property start learning		Encumbrance
any interest in property that secures the performance of obligation start learning		Security interest
transfer of rights start learning		Assignment
Dokonywać płatności start learning		to make a payment
Towar w pewnym standardzie start learning		goods of a certain standard
Obiecać, że się komuś zrekompensuje stratę start learning		to indemnify someone against loss or damage
Prawa autorskie do start learning		copyright in
Szczególnie start learning		particularly
Zniesławiający start learning		libellous
Być własnością publiczną start learning		to be in public domain
Z wyjątkiem, gdy strony postanowią inaczej start learning		except as otherwise agreed by the parties
Powodować start learning		to give rise to sth
Mieć tytuł do czegoś start learning		have title in sth
Umieścić klauzulę w umowie start learning		incorporate a clause into a contract
Kupić ubezpieczenie start learning		take out an insurance
Płacić ratalnie start learning		to pay in/by instalments

T 6 Understanding contracts 2

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