Commercial vucabulary A,B,C,D, E

Commercial vocabulary A,B,C,D, E

Fill in the Blank

________ it is the same as a breach and quite often means "to breach by not making the payment"

Multiple Choice

The licenced software and any subsequent _______ thereof should be throughly tested by the licensee with non critical data before relying upon on it.

• definitions

• derivatives

• defaults

• deeds

Multiple Select

the parties are willing to ________ such information to each other on the condition that the recipient of the information does not share the same with any third party.

• discharge

• reveal

• disclose

• unveil

Fill in the Blank

________ this is a document used when goods sold under a contract are being transported by ship.

Fill in the Blank

such phrase refers to certain sections of commercial contract and means "standard" or " miscellaneous"

Fill in the Blank

such kind of breach is sometimes called "repudiation"

Multiple Select

how do we call a person who acts in the interests of the creditors when a company goes bancrupt.

• trustee

• administrator

• reciever

• lisencee

• principal

Multiple Select

what can not accrue?

• debt

• interest

• money

• duties

• taxes

Multiple Choice

The seller of the copyright shall be hereinafter referred as the _______ and agrees to transfer full title and ownership in the work to the Assignee

• lisensor

• lisencee

• assignor

• owner

Open Ended

What is consideration?