Buisness Law Final
Terms
undefined, object
copy deck
- legality
- lawful purpose, not against public policy
- compensitory damages
- direct damages
- consequential damages
- negligent, profits effected due to loss
- punitive damages
- discourages future infractions, ruins america
- nominal damages
- $1, if plaintiff can produce no damages but can prove a case
- specific performance
- orders defendant to do something specific
- rescission and restitution
- undoes what has been done and then resolves it
- reformation
- court reforms or remakes a contract that has been imperfectly expressed
- injunction
- cease and desist
- 4 parts of civil trial
- investigation, pretrial procedures, discovery, court decision
- pretrial conference
- after both parties have had full discovery, all parties present with judge
- administrative agencies
- part of the executive branch of government that carry out statutes
- executive agencies
- cabinet departments and subagencies
- independent agencies
- regulatory agencies outside of executive authority
- legal process
- warrant that removes liability from police
- defamation
- character damage, written is libel, spoken is slander
- forseeability
- knew or should have known
- res ipsa loquitur \"inferred\"
- since negligence is hard to prove, more facts available to defendant than to plaintiff or anybody else
- express contranct
- written out to a specific purpose
- implied-in-fact contract
- not written, lawnmower boy
- quasi-contract
- drawn up for legal reasons
- agreement
- offer and acceptance, part of contract
- consideration
- something of legal value on both side
- capacity
- insane, minor, intoxicated
- creditor beneficiary
- A enforces a payment from C to B
- donee beneficiary
- owes no obligation, life insurance after death