People in Business Flashcards
1
Q
Stakeholders
A
Entrepreneurs Investors Employers/Managers Employees/Workers Producers Suppliers/Service Providers Consumers Interest groups
2
Q
Contract law elements
A
Offer Acceptance Consideration Intention to Contract Capacity to Contract Consent to Contract Legality of Form Legality of Purpose
3
Q
Termination of a Contract
A
Agreement
Performance
Breach of Contract
Frustration
4
Q
Remedies for Breach of Contract
A
Sue for Damages
Specific Performance
Rescind the Contract
