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📄Contracts
Key Terms

171 essential vocabulary terms and definitions to know for your Contracts exam

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A

Absolute condition
Acceptance by Performance
Acceptance by Silence
Accord and satisfaction
Acquisition Agreement
Actual Breach
Actual Damages
Agent
Allocation of Risk
Ambiguity doctrine
Anti-bribery provisions
Anticipatory Breach
Arbitration Clauses
Article 2A

B

Bargain Theory
Bargained-for exchange
Benefit Conferred
Bilateral Contract
Bond indentures

C

Carlill v Carbolic Smoke Ball Co
Carlill v. Carbolic Smoke Ball Co.
Case law
Certainty Doctrine
Changed Circumstances
Charitable subscriptions
Clear and Convincing Evidence
Click-wrap Agreement
Commercial reasonableness
Commercial Transactions
Condition Subsequent
Conditional acceptance
Conditional obligation
Conditional Promise
Conditions Precedent
Confidential information
Confidential Relationship
Consequential damages
Construction contracts
Constructive Conditions
Consumer contracts
Contract enforceability
Contractual Obligation

D

Data protection clauses
Dispute Resolution Procedures
Doctrine of Impossibility
Dougherty v. Salt
Duress vs. Misrepresentation
Duress vs. Undue Influence
Duty to Provide Necessary Cooperation

E

Economic Loss Doctrine
Efficient Breach
Employment contract
Enforceable contract
Equitable Estoppel
Exclusion of warranties
Express contract
Express Terms
Express warranty
Extrinsic Evidence

F

Fair Market Value
Force majeure clause
Franchise agreements
Freedom of Contract
Frustration of purpose
Full Performance

G

Gap-filler provisions
Good Faith
Guarantees

H

Hadley v Baxendale
Hadley v. Baxendale
Hamer v. Sidway

I

Implied warranty
Implied warranty of merchantability
Impossibility of Performance
Impracticability