Exam 5: Contracts

Acceptance of a contract requires a meeting of the __________.

A __________ occurs when there is a violation of one or more of the terms of the contract.

A special kind of agreement, either written or oral, that involves legally binding obligations between two or more parties is a __________.

Medical staff membership that admits only physicians with academic appointments is a/an __________.

The ever-increasing number of alternative healthcare delivery systems has resulted in a __________.

If a contract is to be considered valid, an offer must be __________.

The ability of a corporation to enter into contracts is limited by __________.

A contractor who agrees to undertake work without being under the direct control or direction of another and is personally responsible for his or her negligent acts is a/an __________.

An __________ is a promise by one party to do (or not to do) something if the other party agrees to do (or not do) something.

The federal contract that provides that every contract in the form of a trust or otherwise, or conspiracy, in restraint of trade or commerce among the several states is illegal is the __________.