quiz
The Fine Print
Contracts are merely promises enforceable by law. But they can be as convoluted and complex as those end-user agreements for new software – which, by the way, are contracts. So before you sign any legally binding documents for a trade show or event, see if you can identify the common legal terms found in contracts by their definitions in this month's quiz. Then click on your choice for the verdict. By Charles Pappas
click your choice of answer to see if you're right
1. A contract between an employer and a union specifying the terms and conditions for employment, along with the process for settling disputes that occur during the contract period.
Despite alternating views, the show producer took charge of the negotiations with the electricians' union and finally reached a ______________ with it.
2. Legal doctrine that's triggered when something makes the performance of a contractual duty excessively burdensome, unbearably difficult, or extremely expensive. Following the Avengers' unexpected battle with the outer-space reptiles in the event locale, the court found that it would have been ______________ for the caterer to have served guests the cocktail wieners as contracted.
3. Reasonable expenses incurred by one party to a contract as a result of the other party's breach of the contract (or any of its clauses). After hearing both sides, the arbitrator ruled that show management owed the exhibitors ______________ for not mentioning the convention center had no roof.
4. A person that is empowered to act on behalf of someone else, such as a company employee, broker, or sales representative. According to the contract he signed in his own blood, exhibit manager Faust was the ______________ empowered to act as an employee on behalf of Beelzebub Inc.
5. A person or organization not automatically included as an insured party that is added as an insured at the request of the named insured. When the exhibit manager realized the clown car she hired for her event contained more entertainers than she originally anticipated, she insisted on designating the surplus bozos as ______________ .
6. The contract clause that relieves one party of responsibility in the event of a legal claim. The exhibit manger's contract included a ______________ to shield the event planner from all liability for injury or damages resulting from the skydiving activity that followed an extended cocktail hour.
7. A special type of endorsement prohibiting an insurer from seeking restitution from a third party that causes any kind of loss to the insured. Even though exhibit manager David Banner smashed the exhibit hall while in his Hulk persona, the ______________ prevented the convention hall's insurer from seeking restitution from the giant green brute.
8. Area in a trade show or event where important things took place, such as the signing or performance of a contract, or the incident that led to a personal injury case. The exhibit manager notified the event planner that the ______________ she had chosen for the Halloween event was the hotel used during filming of "The Shining."
9. French term meaning a superior or irresistible power, often found in contracts to protect the parties if their duties cannot be performed due to causes outside the parties' control, such as natural and unavoidable catastrophes. After the asteroid hit the Earth and the resulting tsunami swept away the West Coast, the event planner argued the doctrine of ______________ freed her from performing her contractual duties at San Diego's Comic-Con International.
10. A common contractual clause where one party agrees or guarantees to compensate another party if a loss occurs. The exhibitor agreed to an ______________ clause shielding its employees against damages caused by such calamities as theft, flooding, and intentional misuse of a flamethrower.
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