Sales Contracts Test

Would you like to check your progress? Take the test about the different  contracts!

Sales Contracts Test

1 / 25

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

2 / 25

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.

3 / 25

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.

4 / 25

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

5 / 25

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

HIRE-PURCHASE AGREEMENT

6 / 25

Choose the correct word or expression to complete the gap.

________________ types vary because each transaction has a specific intended use. They can vary by length of time, by how interest rates are calculated, by when instalments and repayment are due and by a number of other variables.

7 / 25

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.

8 / 25

Choose the correct word or expression to complete the gap.

______________  agreement serves as a basis for a real property transaction to take place, providing a framework of how the transaction will proceed, what is included in the transaction, and, if necessary, what is excluded from the sale.

9 / 25

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

10 / 25

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

11 / 25

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

12 / 25

Choose the correct word or expression to complete the gap.

Under a ________________, the buyer is leasing the goods and does not obtain ownership until the full amount of the contract is paid.

13 / 25

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.

14 / 25

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.

15 / 25

Choose the correct word or expression to complete both gaps.

In an exclusive _______________, the specified distributor will be the sole distributor with the right to sell the product within a particular geographic region or within multiple regions. If the _______________ is non-exclusive, the manufacturer or vendor may supply other distributors. 

16 / 25

Choose the correct word expression to complete ALL THREE gaps.

The primary difference between a loan agreement and a(n) __________ agreement is that the  ___________ agreement is secured, because real property is being used as collateral and the ___________ will be registered on title to your home.

17 / 25

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.

18 / 25

Choose the correct words or expressions to complete the gaps.

Traditionally, a distinction was made between a (n) ______________ and a(an)  ________________Many jurisdictions have abolished this distinction, in effect putting the  ______________ in the position of the ________________.

19 / 25

Choose the correct word or expression to complete the gap.

A(n) ________________ becomes effective when the lien is registered in the land register.

20 / 25

Write the English equivalent of JELZÁLOGSZERZŐDÉS (use CAPITAL LETTERS)

21 / 25

Choose the correct word or expression to complete the gap.

The subject matter of a(an) _______________ must be goods, i.e every kind of movable property. 

22 / 25

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.

23 / 25

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.

24 / 25

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

25 / 25

Choose the correct words to complete the gap.

Once the condition has been met, the lawyer, (__________________), who held in custody the thing, will deliver the money to the seller as prescribed by the ____________________.

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