Name Date (Key # 1 - 141878) Business Law Chapter 11 Vocabulary Complete the crossword puzzle. 1 3 2 4 5 6 7 8 9 10 11 12 13 Across 1 3 6 9 10 12 13 The action of procedure followed to enforce a right or to get damages for an injury to a right. Person who owes a duty under a contract. Backing out of the transaction by asking for the return of what you gave and offering to give back what you received. Offer to perform an obligation; this is sometimes compensated in exchange for money, known as legal _______. Contractual parties release of the other party from the duty of performance and the acceptance of a substitute party. Transaction by which a party transfers contractual rights to another. A termination of the duties in a contract that ordinarily occurs when the parties perform as promised. Down 2 4 5 7 8 Taking reasonable steps to minimize damages caused by a breach of contract. (3 words) Failure to complete performance (what a party agreed to do) in a contract. (3 words) Legal proceedings discharging debts. The fulfillment of contractual promises as agreed. Failure to perform a legal duty or failure to perform an agreement. 11 When a party intentionally and explicitly gives up a contractual right. Answer Key: Key # 1 - 141878 Business Law Chapter 11 Vocabulary Complete the crossword puzzle. 1 3 4 O B L I 2 R E M E D Y G O R R T 6 E R E C I A S S I O N G K C A R T U 7 8 O 9 D T P E N D E R P F E R T T C F F H C O E Y N O V A T 12 S B A H 10 5 I I O N N U R D T L M A R T A M A A I G V E E A S S I G N M E N T C C T E 13 D I S 11 W C H A R G E S