
Chapter 4.2 Vocab
Authored by Brandon Appleton
Financial Education
9th - 12th Grade

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1.
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1 min • 1 pt
A __________ legally enforceable agreement between two or more people.
2.
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1 min • 1 pt
A (n) _________ is an invitation to enter into a contract that is made with serious intent by one person to another person.
3.
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1 min • 1 pt
________ is when a person accepts the terms of an offer.
4.
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1 min • 1 pt
A _______ _______ is a new offer that changes the original offer.
5.
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1 min • 1 pt
When something of value exchanged for something else of value is is called __________.
6.
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1 min • 1 pt
The competence (legal ability) of parties to enter into a contract is called _________.
7.
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1 min • 1 pt
A process in which a public notary verifies the signature of a person who signs a document is called _________.
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