Vocabulary test

Drag & drop: Fill in the missing expression. Use the following words and phrases:
  • extension
  • obligation
  • damages
  • validity
  • oral agreement
  • capacity
  • terms
  • renew
  • breach
  • performance
  1. In many states, an  is considered to be as binding as a more formal written document.
  2. A lease agreement is a good example of a contract that often offers the possibility to  the contract under the same terms as the original.
  3. Failure to do any of the following will be considered to be a  of contract.
  4. In most countries, there are strict laws governing the  of children and the mentally handicapped to sign contracts.
  5. If both parties are pleased with the agreement after one year, there is the option to agree to a six-month  of the contract.
  6. According to this contract, your legal  ends at the moment that you deliver the goods – you are not responsible for them after that.
  7. For your side,  includes supply and delivery of the goods, as well as arranging all necessary import and export permits.
  8. Claiming breach of contract, Microsoft is seeking 27 million dollars in  from one of their suppliers who failed to deliver materials at the agreed upon time.
  9. The  of this agreement extends from the date of signature to January 1 of the next year.
  10. I would like to discuss some of the  of this contract which I find unclear, specifically the clauses covering default and damages.