1.
When a party indicates that they no longer consider themselves bound to the contract this is ____.
2.
Court ordered remedy for Breach where the offender must complete their obligations (two words)
3.
When obligations by a contract cannot be fulfilled due to unforeseen events that are impossible to predict and outside of the party's control.
4.
Refers to the minor terms of a contract. Breach of this gives the injured party the right to claim damages but NOT to terminate the contract.
5.
The natural end to a contract where all parties complete all of their obligations, is referred to termination by _____.
6.
Pre-Agreement clauses with express terms that give one or the other party the right to terminate the contract (If "x" happens, you can terminate the project)
7.
"Acts of God" events that result in the contractor breaching their contract, such as strikes, labour disputes, war, pandemics, natural disasters and abnormally averse weather events.
8.
When an offender is court ordered to refrain from actions that breach the contract
9.
Refers to the major terms of a contract. Breach of this gives the injured party both the right to claim damages and to terminate the contract.
10.
When a party fails to comply with their contract obligations this is a _____ ___ ______ (three words)
11.
A _____ clause is when a contract contains a pre-estimate of damages that would be suffered if the contract was breached - often in construction this is a per-day amount that the contractor must pay to the owner every day they are late to complete work.