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MATCHING KEY TERMS AND DEFINITIONS

question 8

Multiple Choice

MATCHING KEY TERMS AND DEFINITIONS
-The third step in the appraisal process.


Definitions:

Void

Describes a contract or legal agreement that has no legal force or effect and is unenforceable.

Mistake

An error about some aspect of a contract that destroys consensus.

Contract

An agreement between two or more parties that is legally binding and creates reciprocal obligations that can be enforced by law.

Wallpaper

Decorative material used to cover and adorn the interior walls of homes, offices, and other buildings.

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