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Business Law Chapter 10

Schember, Sanchez,

Vocabulary Words

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Across
4.A gamble on an uncertain outcome
5.A license to preform a certain occupation with the purpose of raising money
6.A game of prize, chance and consideration
7.Competitors agree to charge the same amount for product
8.the act when competing firms who bid on jobs agree that one bidder will have the lowest bid for a particular job
9.An exchange for something of value to not expose a crime
10.When there is grossly unfair contract terms that parties under ordinary circumstances would not accept
11.Prohibits price fixing
Down
1.A law that requires certain contracts to be evidence by a signed writing in order to be enforceable in court
2.A license to preform a certain occupation with a required test
3.Words spoken prior to the execution of the final writing at the time of signing; generally inadmissible in court

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