Contract Terminology Gap Fill

Complete each sentence with the correct word from this list:

binding - breach - indemnify - clause - negotiate - stipulation - void - counterpart

1. A legally ________ contract must be adhered to by all parties.

2. To ________ means to discuss and agree on the terms of a contract.

3. A ________ is a specific provision or condition within a contract.

4. The contract becomes ________ if it lacks a necessary legal element.

5. A ________ is a specific requirement that a party must follow.

6. To ________ someone is to agree to cover their losses or damages.

7. Not following the terms can result in a ________ of contract.

8. Each ________ of the contract is an exact copy signed by different parties.