Contract

Types of contract

oral
verbal
spoken

binding
enforceable
valid

unenforceable
void
null (and void)

when you write
a contract

to draft
to draw up

when you
make a contract

to enter into
to conclude
to sign
to execute

when you
perform a contract

to carry out
to execute

parties to contract

contracting party

breaching party
party in breach

defaulting party
party in default

injured party
aggrieved party

when you don't
perform a contract

to breach
to default

when a contract
expires

a ~ discharges

when a contract
ends

to terminate
to rescind
to repudiate