Here is a termination clause. It is contained in a contract between a customer and a company that makes hand-made furniture. Read the termination clause and find a word or phrase in the termination clause that matches the following definitions.
TERMINATION
Without prejudice to any other right or remedy available to the Company it shall be entitled to terminate the Contract between the Company and the Customer or suspend any further work due under the Contract between the Company and the Customer without any liability to the Customer, and in the event that work has been carried out but remains unpaid for, the price shall become due immediately notwithstanding any previous agreement to the contrary in the event of:
1. the Customer committing a breach of this Agreement provided the Company has notified him of the breach and in the case of that breach being capable of remedy, the breach has not been remedied within seven days of receipt of such notice
2. the Customer goes into liquidation or having a receiver appointed over any of its assets or becoming subject to an administration order or any other insolvency proceedings or, (being an individual or partnership) the Customer becomes apparently insolvent, bankrupt or the Customer makes any agreement with its creditors or ceases or threatens to cease to carry on business.
a | Things that a company owns that have a value. The word is | f | Receiving. The word is |
b | A phrase that means ‘not having any effect upon something at a later date’. The phrase is | g | To stop doing a particular activity for a period of time with the intention that you might or might not start the activity again later on. The word is |
c | A solution for a breach of contract. The word is | h | Stops. The word is |
d | Despite, in spite of. The word is | i | Owed. The word is |
e | The people or organizations to which a person owes money. The word is | j | A phrase that means being the object of something’. The phrase is |
Answers
- assets
- without prejudice
- remedy
- notwithstanding
- creditors
- receipt of
- suspend
- ceases
- due
- subject to
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