Contracts 2 CHECK YOUR ENGLISH VOCABULARY FOR LAW

CHECK YOUR ENGLISH VOCABULARY FOR LAW

Contracts 2

Look at paragraphs 1 – 6 in the boxes, and answer the questions that follow them. Some of the words and expressions appeared in Contracts 1 on pages 13 and 14. 1 This contract is binding, and we expect all the parts involved (both clients and suppliers) to abide by the terms and conditions stated in sections 3a – 37g on pages 1 – 17. 1. One of the underlined words / expressions in the above sentence is wrong. Identify and correct it. 2. True or false: a contract which is binding is flexible and can be changed at any time. 3. Two of these words / expressions could replace abide by. Which ones? (A) choose (B) agree with (C) obey (D) change (E) honour 2 On terminator of this contract, the company will be obliged to return any unused materials to the supplier within 28 days, unless provision has been made for a temporary extension. If any of the rules of the contract are broken, all materials must be returned immediately. 1. One of the underlined words / expressions in the above sentence is wrong. Identify and correct it. 2. True or false: provision has a similar meaning to arrangement. 3. Rearrange these letters to make two words which have a similar meaning to obliged: degabtlio          edequrir 3 The contract was originally verbal, but we've finally managed to get the company to give us something on paper. They say that this contract is un-negotiable, but maybe we can persuade them to amend some of the details before we sign on the dotted line. 1. One of the underlined words / expressions in the above paragraph is wrong. Identify and correct it. 2. True or false: the speaker thinks that it might be possible for small changes to be made to the contract before she signs it. 3. Rearrange the letters in bold to make words which have the same or a similar meaning to verbal in this situation rola          kosnep 4 Swillpot Airline Catering Ltd were sued by Pan-Globe Airways when they were found to be in beach of their contract, specifically that they had failed to comply with clause 27B, which stated that their food should be "fit for human consumption". 1. One of the underlined words / expressions in the above sentence is wrong. Identify and correct it. 2. Find a word or expression in paragraphs 1 – 3 above which has a similar meaning to comply with in paragraph 4. 3. True or false: Pan-Globe Airways are unhappy with Swillpot Airline Catering because they have breached all of their contractual terms. 4. Both Swillpot Airline Catering Ltd and Pan-Globe Airways signed the contract. In legal terms, would we describe the arrangement between the two companies as an offer, an acceptance or a consideration? 5 Withers Interiors Ltd have entered into an agreement with Sophos Construction to act as sole providers of quality interior fittings commencing 15 August this year. This is to run for 18 months, with a 3 month period of notification in the event of cancellation by either side. 1. One of the underlined words / expressions in the above sentence is wrong. Identify and correct it. 2. Which word in the paragraph is the closest in meaning to the noun contract? 3. Is this an example of part of an open-ended contract? 4. True or false: if either Withers Interiors Ltd or Sophos Construction want to end the contract, they must tell the other company 3 months before they do it. 6 This contract recognises the anointment of Mr Alan Wiley as non-executive Director to the board of AKL Publishing following the company's amalgamation with Berryhill Books. While Mr Wiley may continue to buy shares in the company, he may not acquire a controlling interest, and he may have no professional dealings with any third parties during this period. 1. One of the underlined words / expressions in the above sentence is wrong. Identify and correct it. 2. True or false: AKL Publishing recently separated from Berryhill Books. 3. True or false: Mr Wiley can buy as many shares as he likes in the company. 4. In addition to sitting on the board of AKL Publishing, how many other companies can Mr Wiley work for?

 

ANSWER KEY

Contracts 2 (pages 15 – 16) 1.  1. part = parties 2. False. A contract which is binding must be followed exactly, unless both parties agree on a novation (= a transaction in which a new contract is agreed) 3. obey and honour 2.  1. terminator = termination 2. True 3. obligated / required 3. 1. un-negotiable = non-negotiable 2. True (it might be possible to amend some of the details, or make amendments) 3. oral / spoken 4. 1. in beach of = in breach of 2. abide by (in paragraph 1) 3. False (they breached one part, or clause) 4. A consideration 5.  1. period of notification = period of notice 2. agreement 3. No, it is part of a fixed-term (in his case, 18 months) contract 4. True (in other words, if either party cancels the contract early, they will still have to honour the terms of the contract for 3 months, unless there was less than 3 months to run on the contract) 6. 1. anointment = appointment 2. False (they amalgamated, or joined with, Berryhill Books) 3. False (he cannot buy more than 50% of the company's shares – a controlling interest – otherwise he will be able to decide how the company is run) 4. None (he can have no professional dealings with third parties, i.e. companies other than AKL Publishing)