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15. Contract

1. Read and translate the text:

WHAT IS A CONTRACT

Contract is a legally binding agreement between two or more parties.

To be effective according to law, it is essential that the parties to a contract have legal capacity (power) and freedom of contract; they must intend it to be binding; they must be agreed on the purpose of the contract and the purpose must not be illegal; there must be valuable consideration, i.e. some payment or

, service or sacrifice must be promised by each party; and the meaning of the agreement must be clear enough to be understood. It need not necessarily be in writing unless it is of a nature that must by law be in writing or under seal.

2.Read and translate word-combinations:

aleatory contract, bare contract, bilateral contract, consensual contract, credit contract, executed contract, executory contract, fixed job contract, fixed term

contract, formal contract, futures' contract, gaming contract,' hire-purchase 'ontract, illegal contract, implied contract, infant's contract, money-lending , ontract, naked 'contract, net-back contract, nude contract, onerous contract, open contract, oppressive contract, option contract, oral contract, parol ,;ontract, quasi-contract, sale contract, simple contract, specialty contract, llIrnkey contract, unenforceable contract, unilateral contract, valid contract, void contract, voidable contract, wagering contract.

APENDIX № 1

While travelling abroad you have to go through the Customs control. Fill in the Customs Declaration Form.

Customs declaration

1. Full name ________________________________________________________

2. Citizenship _______________________________________________________

3. Country of residence________________________________________________

4. Permanent address__________________________________________________

__________________________________________________

5. Country of destination_______________________________________________

6. Purpose of visit_______________ _____________________________________

(business, tourism, private, etc.)

7. Length of visit _____________________________________________________

from ______________ to _________________

8. Address, where you will live__________________________________________

__________________________________________

9. My luggage (including hand luggage) submitted for Customs inspection

consists of_ __________________ pieces.

10. What prohibited articles have you got in your luggage or with you?

weapons __________________________________________________________

objects of art _______________________________________________________

Fresh fruit or meat____________________________________________________

Other items_________________________________________________________

11. Have you got a permit?_____________________________________________

12. How much of Ukrainian currency have you got? ________________________

13. What other foreign currency have you got?

_________________________________ ______________________________

_________________________________ ______________________________

_________________________________ ______________________________

_________________________________ ______________________________

Date __________ 200 ___ Owner of luggage_______________

(signed)

APENDIX № 2

You have booked accommodation for yourself and a friend in a hotel. Fill in the information on the reservation card.