Contract Vocabulary
This element of a contract is exchanged between parties and has value.
What is consideration?
This clause states that the contract reflects the full agreement between the parties.
What is the entire agreement clause?
Connector meaning exception.
What is unless?
Reference word meaning in this document.
What is herein?
Phrasal verb meaning draft or prepare a document.
What is draw up?
A contract with no legal effect from the beginning.
What is a void contract?
Clause specifying which law governs the contract.
What is the governing law clause
Connector used to attach a condition
What is provided that?
Reference word meaning of this document.
What is hereof?
Formal verb meaning review equals the phrasal verb:
What is look over / go over?
A clause freeing parties from obligations during extraordinary events.
What is force majeure?
Clause requiring one party to compensate another for damages.
What is indemnification?
Connector used to introduce a situation that may occur.
What is in the event that?
Reference word meaning attached to this document.
What is hereto?
Phrasal verb meaning withdraw from an agreement.
What is back out (of)?
A contract where both parties have remaining obligations to perform.
What is an executory contract?
Court order requiring a party to carry out the contract.
What is specific performance?
Identify what is wrong with this clause:
“Services shall be delivered, and the invoice must be paid, therefore the client must act in good faith.”
Therefore is incorrectly linking unrelated actions (logical connector misuse).
Complete:
“The Provider shall perform the Services, and ____ Services must comply with professional standards.”
What are said services?
Replace the phrasal verb with a formal equivalent:
“The lawyer pointed out the errors.”
The lawyer indicated or identified the errors.
This principle requires both parties to have a shared understanding of the agreement.
What is meeting of the minds?
This remedy cancels the contract and returns the parties to their pre-contract position.
What is rescission?
Rewrite using correct cohesion:
“The Contractor delivers the goods. The Client pays. They must act fairly.”
“The Client shall pay upon delivery of the goods, and both Parties shall act in good faith.”
Rewrite using reference words:
“The Confidential Information must be protected. The Confidential Information must not be shared.”
“The Confidential Information must be protected, and such information must not be shared.”
Rewrite using both register levels:
“________ the contract and then ________ the clause on confidentiality.”
“Look over the contract and then refer to the clause on confidentiality.”