Professional Documents
Culture Documents
Review For Mid Term
Review For Mid Term
October 2023
Exercise 1: Vocabulary
The general requirement that must be met to form an ….1 enforceable ……. contract is the
notion of mutual …..2 assent …... Mutual assent means that for a … contract.3…. to be
valid, the parties must reach an agreement using a combination of offer and …4 acceptance
……. In most cases, the offeror must make a valid offer to the … offeree..5….., who in turn
must accept the … offer.6….. in order for the parties to be bound by the agreement’s …
terms.7….. This true … meeting.8…. of the minds with the intent to be bound by their
agreement, called the subjective standard, will result in an express contract. A meeting of the
minds may also be inferred from the conduct of the parties, resulting in an … implied.9…..
contract or quasi-contract. This objective standard requires only that each party’s acts or
words lead the other party to reasonably believe that an …10 agreement …… has been
reached.
Exercise 2: Choose the correct word from those suggested below to complete the
following phrases:
2. Bên đề nghị giao kết hợp đồng có thể thay đổi hoặc rút lại đề nghị giao kết hợp đồng.
The party offering to enter into a contract may change or withdraw its offer to enter
into a contract.
3. Chấp nhận đề nghị giao kết hợp đồng là sự trả lời của bên được đề nghị về việc chấp
nhận toàn bộ nội dung của đề nghị.
Acceptance of the offer to enter into a contract is the offeree’s response to accept the
entire content of the offer
4. Sự im lặng của bên được đề nghị không được coi là chấp nhận đề nghị, trừ trường hợp
có thỏa thuận khác.
The offeree’s silence is not considered acceptance of the offer unless otherwise
agreed.
Exercise 4
Listening:
Dear Max,
Mr. Peterson called today to ask about the …terms.1….. of a new contract. He wants to
assent to the other party’s …2 offer…... He’d like to meet with you before giving ….3 …
acceptance…, though. He also wants to know if his company will be giving the right …..4
…consideration……… in return for the other company’s consideration services.
I have attached a copy of the contract here for you to ….12…review…. Please let me know
if you want to set an appointment with Mr. Peterson.
Best,
MW
3
7. a power or right to contract and freely determine the terms of contracts without
unreasonable legal restrictions
freedom of contract
8. an agreement created by actions of the parties involved, but it is not written or spoken.
Implied contract
9. a contract arising where one party makes an offer to pay another party in return for the
performance of an act, and the offeree gives assent by performing such act
unilateral contract
10.an agreement or contract between persons in which either of the parties can legally
compel the performance of the other
enforceable contract
11.an offer to make an offer, which shows willingness to enter into negotiations
invitation to treat
12.an offer made in response to a previous offer by the other party during negotiations for
a final contract
counter-offer
13.contracts that require agreement and performance from both parties to the contract
valid contract
14.an agreement between a buyer and seller covering the sale and delivery of good
bilateral contract
15.a contract between a borrower and a lender
sale contract