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Topic: Contracts/Contract negotiations 1

Deigned to help you practice vocabulary relating to signing/ negotiating contracts. Although this quiz is meant for ESL students, it'll be useful to anyone who wants to practice this specialized vocabulary.

Choose the best response to complete each of the sentences below.

1. Generally speaking, it's not wise to accept a contract on the __________________________ ( = right away/ when you are shown the contract).
  sport
  spat
  spot

2. I told him I'd get __________________________ with an answer the following day.
  up
  back
  out

3. I'm not really happy with the __________________________ of this contract.
  terminology
  terms
  termites

4. To do something that goes against the terms of a contract is known as "__________________________" the terms of a contract.
  breaching
  bashing
  beating

5. We __________________________ a contract with them. = We signed a contract with them.
  turned over
  came along
  entered into

6. "Small __________________________" refers to the fine details of a contract, many of which are typed in a smaller __________________________ than the rest of the contract, hence the name.
  print
  printer
  printing

7. This contract can be __________________________ ( = ended) by either party.
  terminated
  stopped
  quit

8. Could you please confirm that __________________________?
  by writing
  writing
  in writing

9. This is the __________________________ ( = typical, normal) contract that we give to all our employees.
  standing
  standard
  standards

10. I need to __________________________ before signing it.
  have our legal expert look at this
  have a look from our legal expert
  our legal expert will look at this

(Your answers will be displayed in a new window)

VOCABULARY REVIEW: Negotiating a contract

Need to review some contract-related vocabulary before you negotiate? We've got you covered!

Terms and Conditions
Meaning:
The rules and details of an agreement, including responsibilities, rights, deadlines, and limits.
Why it matters:
This section explains what each side must do and what happens if they don't.
Example:
“Please review the terms and conditions before signing the contract.”

Clause
Meaning:
A specific section or paragraph in a contract that deals with one topic.
Why it matters:
Contracts are divided into clauses so each issue is clearly explained.
Example:
“There is a clause about late payments on page three.”

Mutual agreement
Meaning:
A decision or change that both sides accept.
Why it matters:
Many contracts can only be changed with mutual agreement.
Example:
“The deadline can be extended by mutual agreement.”

Negotiable
Meaning:
Open to discussion or change.
Why it matters:
Knowing what is negotiable helps you focus on what you can ask for.
Example:
“The price is negotiable, but the delivery date is fixed.”

Obligation
Meaning:
A duty or responsibility that a person or company must fulfill.
Why it matters:
Contracts clearly list each party's obligations.
Example:
“It is the supplier's obligation to deliver the goods on time.”

MATERIALS TO HELP YOU LEARN (AND TEACH!):
BUSINESS ENGLISH GLOSSARY
BUSINESS ENGLISH WORKSHEET COLLECTION

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