When two parties decide to ____, they need to have an ____ to have it. So, they make an offer. Then, there is a ____ of terms for both sides. Agreement on the elements of contract leads to its ____. After this, the contract is ____ to both parties. They must make truthful representations in the course of negotiations. A contract is threatened when one party does not ____ its obligations, which can lead to repudiation. There is also a situation when the contract cannot be fulfilled for unforeseen reasons. This is called the ____ of the contract. When two parties cannot agree, they try to settle their ____ through a process of ____. If this doesn‘t work, one party may attempt to ____ the other in court, hoping to be awarded ____ in the case of the breach of contract.

CONTRACTS

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