CONTRACTS •a contract = a binding agreement between two or more parties that is enforceable by law vocabulary • •binding = vocabulary • •binding = závazný vocabulary • •enforceable = vocabulary • •enforceable = vynutitelný vocabulary • •navrhnout smlouvu = •uzavřít smlouvu = •splnit smlouvu = •porušit smlouvu = •ukončit/vypovědět smlouvu = vocabulary • •navrhnout smlouvu = to draft a contract •uzavřít smlouvu = to make/form/conclude/ • enter into a contract •splnit smlouvu = to fulfill / to execute a c. •porušit smlouvu = to break / to breach a c. •ukončit/vypovědět smlouvu = to terminate a contract vocabulary • •smluvní podmínky = vocabulary • •smluvní podmínky = contractual terms vocabulary • •v souladu se smlouvou = vocabulary • •v souladu se smlouvou = in accordance with the contract CONTRACTS • •essential elements??? CONTRACTS • •essential elements –Offer and acceptance –Valuable consideration –Terms are certain / mutual assent –Intention to be legally bound –Capacity of contractors –Legal subject-matter –