Business law chapter 9 notes:
causation in fact - An act or omission without which an event would not have occurred.
proximate cause - Legal cause, which exists when the connection between an act and an
injury is strong enough to justify imposing liabilit
Business law chapter 2 notes:
case on point - A previous case involving factual circumstances and issues that are
similar to those in the case before the court.
Chancellor - An adviser to the king at the time of the early king's courts of England.
Business law chapter 3 notes:
damage - Money sought as a remedy for a breach of contract or for a tortious act.
Defendant - One against whom a lawsuit is brought; the accused person in a criminal
Defense - Reasons that a defendant offers in an
Business law chapter 6 notes:
uniform law - A model law created by the National Conference of Commissioners on
Uniform State Laws and/or the American Law Institute for the states to consider
adopting. If the state adopts the law, it becomes statutory law
Business law chapter 4 notes:
legal realism - A school of legal thought that was popular in the 1920s and 1930s and
that challenged many existing jurisprudential assumptions, particularly the assumption
that subjective elements play no part in judicial re
Business law chapter 5 notes:
remedy - The relief given to an innocent party to enforce a right or compensate for the
violation of a right.
remedy at law - A remedy available in a court of law. Money damages are awarded as a
remedy at law.
remedy in equit
Business law chapter 1 notes:
stare decisis - A common law doctrine under which judges are obligated to follow the
precedents established in prior decisions.
administrative agency - A federal, state, or local government agency established to
perform a spe
Business law chapter 10 notes:
Contract - An agreement that can be enforced in court, formed by two or more
competent parties who agree, for consideration, to perform or to refrain from performing
some legal act now or in the future.
Promiser - A person w
Business law chapter 11 notes:
Executed Contract - A contract that has been completely performed by both parties.
Executory Contract - A contract that has not as yet been fully performed.
Valid Contract - A contract that results when the elements necessar
Business law chapter 8 notes:
trespass to personal property - The unlawful taking or harming of another's personal
property; interference with another's right to the exclusive possession of his or her
Conversion - Wrongfully taking or re
Business law chapter 7 notes:
actionable - Capable of serving as the basis of a lawsuit. An actionable claim can be
pursued in a lawsuit or other court action.
Defamation - Anything published or publicly spoken that causes injury to another's good