1) A mutual and voluntary agreement to exchange something of value a) Contract b) Offer c) Acceptance d) Consideration e) Competence f) Cosigner 2) A proposal made to a specific person to create a contract a) Contract b) Offer c) Acceptance d) Consideration e) Competence f) Cosigner 3) Agreeing to an offer presented by another person a) Contract b) Offer c) Acceptance d) Consideration e) Competence f) Cosigner 4) Exchanging something of value a) Contract b) Offer c) Acceptance d) Consideration e) Competence f) Cosigner 5) Having the capacity to enter into a contract. a) Contract b) Offer c) Acceptance d) Consideration e) Competence f) Cosigner 6) Someone who agrees to pay a debt should the purchaser fails to do so. a) Contract b) Offer c) Acceptance d) Consideration e) Competence f) Cosigner 7) Failing to uphold your end of a contract. a) Breach b) Warranty c) Express d) Implied e) Unconscionable 8) When a seller guarantees and promises their product has good quality. a) Breach b) Warranty c) Express d) Implied e) Unconscionable 9) Type of warranty that's created when a seller makes a statement written, oral or demo to showcase the quality of the product. a) Breach b) Warranty c) Express d) Implied e) Unconscionable 10) Type of unwritten warranty a) Breach b) Warranty c) Express d) Implied e) Unconscionable 11) When the terms of a contract are particularly harsh towards the customer. a) Breach b) Warranty c) Express d) Implied e) Unconscionable

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