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February 16, 2021

Overview: ?Regardless of whether you own a business or are a stakeholder in a business, understandin

Overview:

Regardless of whether you own a business or are a stakeholder in a business, understanding basic contract terms is important. Businesses enter into contracts with many areas, from shipping to suppliers to customers. As a business owner or manager knowledge of these basic terms will assist you in the day to day operations of the business, regardless of the field. Instructions:

• Fill in the attached template.

• For each term, define the term with citation to authority, define the term in your own words and provide an example of each term. Requirements:

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