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Vocabulary --> Word review #1 Lesson 1-5 General Business

I. Choose the word that best completes the sentence:


1. The ............... for terminating the contract were not discussed.
A. provisioning
B. provisions
C. provider
D. provide
Explain:


2. I don′t feel any ............... to give my boss more than two weeks notice when I leave.
A. obligatory
B. obliged
C. obligation
D. oblige
Explain:


3. Once both parties have agreed to a contract, they have also agreed to abide by every ............... provision.
A. specific
B. specify
C. specification
D. specificity
Explain:


4. A consultant must adhere carefully to his contract if he wants to ............... a good business reputation.
A. establishment
B. establish
C. establishing
D. established
Explain:


5. It is now legal to ............... a generic brand drug for a prescription medicine if you have the patient′s consent.
A. substituting
B. substitute
C. substituted
D. substitution
Explain:



II. Choose the word or phrase that best completes the blanks:

Rental Property for Everyone
More and more people are investing in rental property these days. Whether you have a small apartment in your house to rent, or decide to invest in an apartment or office building, rental property can provide extra income for you and your family. What does every landlord need to know?

Leases
A lease is an (1)............... between a landlord and a tenant. Standard leases are available at most office supply stores, and many property owners find them quite satisfactory. Read the standard lease carefully to determine if it meets the needs of your situation. You may want to make some additional (2)................ You may want to add a pet clause, for example, or make different specifications pertaining to the security deposit. If you decide to make changes to the standard lease, you should meet with a lawyer. The lease is the most important tool you have if you need to resolve a dispute with your tenant. When you have a lease written by a lawyer, you (3)............... that you have the protection you need.


1.
A. agree
B. agreed
C. agreeable
D. agreement
Explain:


2.
A. provisions
B. provision
C. provider
D. providers
Explain:


3.
A. are assured
B. will assure
C. are assuring
D. assure
Explain:
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