Question: Match the definition below with the correct term. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 A
Match the definition below with the correct term.
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A conditional promise toa creditor to pay a debt if the debtor defaults.
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A contract that, in certain circumstances, an aggrieved party can choose to keep in force or bring to an end.
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The right to prevent others from copying or modifying certain works.
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A division of profits payable to shareholders.
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A debt where the creditor has only a contractual right to be repaid.
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A person who is authorized to act on behalf of another.
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A partnership in which the partners have unlimited liability for their own malpractice but limited liability for other partners' malpractice.
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Termination of a contract by an unexpected event or change that makes performance functionally impossible or illegal.
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A monopoly to make, use or sell an invention.
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A partnership in which the liability of some partners is limited to their capital contribution.
1.Agent
2.Copyright
3.Dividend
4.Frustration
5.Guarantee
6.Limited liability partnership
7.Limited partnership
8.Patent
9.Performance
10.Secured credit/or
11.Subrogation
12.Trademark
13.Unsecured credit/or
14.Void contract
15.Voidable Contract
16.Guarantor
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