L1 - Contracts

The _________ outlined in the agreement clearly specifies each party's responsibilities.

• Provision

• Assurance

• Cancellation

• Resolve

Before signing, make sure to _________ the terms of the contract carefully.

• Resolve

• Obligate

• Determine

• Engage

The contractor is _________ to complete the project within the agreed timeline.

• established

• obligated

• resolved

• engaged

The _________ to the agreement included a clause for early termination.

• party

• engagement

• assurance

• addition

Both _________ involved in the dispute agreed to arbitration.

• provisions

• parties

• assurances

• cancellations

It is important to _________ a relationship of trust between both parties in a contract.

• engage

• resolve

• establish

• obligate

The contract was voided due to the _________ of one party.

• assurance

• provision

• cancellation

• establishment

The manager provided _________ that all documents would be ready by the deadline.

• cancellation

• assurance

• resolution

• determination

The lawyer will _________ the terms of the agreement before final approval.

• Determine

• Establish

• Obligate

• Resolve

The contract includes a _________ that requires annual audits.

• cancellation

• provision

• party

• obligation