Legal English Challenge 2023 – End of Challenge Test

Choose the correct word or expression to complete the gap. 

In some countries, the ____________ not only provides for the event of a divorce, but also to protect some property during the marriage, for instance in case of a bankruptcy.

Write the English equivalent of RÉSZVÉNY / ÜZLETRÉSZ ADÁSVÉTELI SZERZŐDÉS (use CAPITAL LETTERS)

Choose the correct words or expressions to complete the gaps.

______________ are similar to ___________ in that a person commits themselves to paying a debt instead of the original debtor provided the original debtor fails to do so.

Based on the key words and expression, find out the different types of contracts and agreements.

ancillary and derivative liability, to assume a debt, borrower, collect, creditor, debtor, default, guarantor, interest rate, joint and several liability, lender, principal, repayment, surety

Based on the key words and expression, find out the different types of contracts and agreements.

attorney-at-law, client, contingency fee, retainer fee, to see a case through to its conclusion, to seek the services of a lawyer, scope of legal representation

Choose the correct word or expression to complete the gap.

An ____________  will find customers for the principal who then sells direct to the customers and pays commission to the agent.

Based on the key words and expression, find out the type of document.

possession, personal property, real property, right of use, rights representing property interest, title, to transfer, usufruct,  voluntarily, without consideration

Based on the key words and expressions, find out the which type of agreement is described.

indemnity, intellectual property, invention, patent, royalty, service mark, software, trademark, warranty

Write the English equivalent of FORGALMAZÁSI MEGÁLLAPODÁS (use CAPITAL LETTERS)

Choose the correct word or expression to complete the gap. 

A ______________ is an agreement whereby the seller transfers or agrees to transfer the property in goods to the buyer for a money consideration, called the price.

Write the English equivalent of MUNKASZERZŐDÉS  (use CAPITAL LETTERS)

Choose the correct word or expression to complete the gap. 

A ___________ is a legal agreement that obliges a buyer to buy and a seller to sell a real property as a way of finalising the interests of both parties before closing the deal.

Choose the correct words or expressions to complete the gaps. 

______________ are frequently used in real estate transactions. Attorneys-at-law routinely act as ______________ so the buyer can perform due diligence, such as an inspection, on his potential acquisition while assuring the seller of his capacity to close on the purchase.

Based on the key words and expression, find out the different types of contracts and agreements.

buyer, collateral commitments, to do searches, good and marketable title, inspection, in writing, land registry, mortgage, real property, registration, seller, to take possession of the real property

Based on the key words ad expression, find out the which type of agreement is described.

buildling, hold in trust, industrial or business equipment, maintenance, non-renewal, real property, personal property, renewal, rent, security deposit, sublease, vehicle

Based on the key words and expressions, find out the which type of agreement is described.

interest rate, land registry, loan, notary public, to obtain interest in real property, security, public records, repayment, registrar

Choose the correct word or expression to complete the gap. 

______________ come in all kinds of forms and with varied terms, ranging from simple promissory notes between friends and family members to more complex transactions like a mortgage.

Choose the correct word or expression to complete the gap. 

A(n) ___________ will buy stock from the supplier or principal and then sell it on to his customers at a mark-up.

Based on the key words and expression, find out the type of document.

buyer, by installments, delivery terms, goods, on credit, ownership of the goods, remains,seller, to come into the possession of

Choose the correct word or expression to complete the gap. 

On the basis of the _____________, one party provides at his/her own expense a gratuitous financial advantage to the other party.

Write the English equivalent of ÜGYVÉDI MEGBÍZÁSI SZERZŐDÉS  (use CAPITAL LETTERS)

Choose the correct words or expressions to complete the gaps. 

____________ may derogate from law only to the benefit of the _____________ unless a collective bargaining agreement is applicable.

Write the English equivalent of KÖLCSÖNSZERZŐDÉS / HITELSZERZŐDÉS (use CAPITAL LETTERS)

Write the English equivalent of KEZESI SZERZŐDÉS (use CAPITAL LETTERS)

Choose the correct word or expression to complete the gap. 

The ____________ is a contract whereby one party pays benefits to the other party or on their behalf to a third party if certain defined events (losses, injuries or death) occur.

Write the English equivalent of INGÓ ADÁSVÉTELI SZERZŐDÉS (use CAPITAL LETTERS)

Write the English equivalent of ÁRUHITEL SZERZŐDÉS (use CAPITAL LETTERS)

HIRE-PURCHASE AGREEMENT

Choose the correct word or expression to complete the gap. 

The _________ in the UK is called a client care letter, that is an initial letter sent to a client with details of what work will be carried out, who will be doing it, the fee structure and the complaints procedure of the firm.

Based on the key words and expressions, find out the which type of agreement is described.

claim, deductibles, exclusions, to indemnify, injury, loss, policy holder, premium

Choose the correct word or expression to complete the gap. 

If a buyer using a ___________ fails to make the required payments or instalments, the company sponsoring the purchase can repossess the item.

Write the English equivalent of BIZTOSÍTÁSI SZERZŐDÉS (use CAPITAL LETTERS)

Write the English equivalent of LETÉTTI SZERZŐDÉS (use CAPITAL LETTERS)

Based on the key words and expression, find out the type of document.

to buy stock, channel partners, distributor, exclusive, manufacturer, mark-up, non-exclusive, sales territory, terms and conditions of supply, vendor

Write the English equivalent of AJÁNDÉKOZÁSI SZERZŐDÉS (use CAPITAL LETTERS)

Based on the key words and expression, find out the different types of contracts and agreements.

buyer, goods, seller, (purchase) price, quality and quantity of goods, sale by description or by sample, time and place of delivery, to transfer the title, warranty of title, warranty of merchatability, warranty of fitness for a particular purpose

Choose the correct word or expression to complete the gap. 

A ____________ can give investors voting rights and other rights related to the company's management decisions.

Write the English equivalent of BÉRLETI SZERZŐDÉS (use CAPITAL LETTERS)

Write the English equivalent of MEGBÍZÁSI / ÜGYNÖKI SZERZŐDÉS (use CAPITAL LETTERS)

Write the English equivalent of VÁLLALKOZÁSI SZERZŐDÉS (use CAPITAL LETTERS)

Write the English equivalent of JELZÁLOGSZERZŐDÉS (use CAPITAL LETTERS)

Based on the key words ad expression, find out the which type of agreement is described.

confidentiality, duration, engagement, intellectual property, non-competition, principal, project, specialised service

Based on the key words and expression, find out the type of document.

to act in person, to act on somebody’s behalf, agent, commission, duration, to engage sobedody, principal, territory

Based on the key words and expression, find out the different types of contracts and agreements.

to acquire, call option, condition(s) precedent, indemnity, put option, right of pre-emption, tag along right, target company, warranty

Write the English equivalent of LICENCSZERZŐDÉS (use CAPITAL LETTERS)

Choose the correct word or expression to complete the gap. 

A ____________ is a contract granting use or occupation of property during a specified period in exchange for a specified rent.

Based on the key words and expressions, find out the which type of agreement is described.

borrower, cancellation, collection, creditworthiness, events of default, fees, formulae for calculations, interest rate, lender, principal amount, stipulated damages, repayment, set-off

Write the English equivalent of INGATLAN ADÁSVÉTELI SZERZŐDÉS  (use CAPITAL LETTERS)

Write the English equivalent of HÁZASSÁGI SZERZŐDÉS  (use CAPITAL LETTERS)

Based on the key words and expression, find out the type of document.

bond, conditions, deed, escrow agent, duties and liabilities, fees and expenses, fulfilllement, money, property, to put into the custody of somebody, third party

Based on the key words and expression, find out the type of document.

breaks, dress code, employer, employee, health insurance, job responsibilities, labour, life insurance, retirement plan, salary, sick days and pay,vacation, wage, work days, work hours