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Business Law Ch 2

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36 cards

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Section 1

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Alimony Case

Front

1 / 36

Government Law Politics

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Last updated

6 years ago

Date created

Mar 1, 2020

Cards (36)

Section 1

(36 cards)

Alimony Case

Front

payments made to an ex-spouse after divorce

Back

Mediation

Front

A method of settling disputes outside of court by using the services of a neutral third party, called a mediator. The mediator acts as a communicating agent between the parties and suggests ways in which the parties can resolve their dispute.

Back

Real World Ethics

Front

Moral rules that most people know instinctively

Back

The Greater Good

Front

an action that will benefit the most amount of people

Back

law

Front

A body of enforceable rules governing relationships among individuals and between individuals and their society.

Back

patent and Copyright Case

Front

the sole right to exclude others from making, using, or selling an invention. the exclusive legal right, given to an originator or an assignee to print, publish, perform, film, or record literary, artistic, or musical material,

Back

unconstitutional

Front

Not allowed under the constitution

Back

bonds

Front

Certificates of debt that carry a promise to buy back the bonds at a higher price

Back

administrative law

Front

rules, regulations, orders, decisions, and procedures established by regulatory agencies.

Back

negotiation

Front

discussion aimed at reaching an agreement

Back

Arbitration

Front

settling a dispute by agreeing to accept the decision of an impartial outsider

Back

common law

Front

a system of law based on precedent and customs (los costumbres)

Back

arrest

Front

cause to stop; bring into custody

Back

The Golden Rule

Front

Do unto others as you would have them do unto you

Back

double Jeopardy

Front

the prosecution of a person twice for the same offense.

Back

Deposit

Front

a sum of money placed or kept in a bank account, usually to gain interest.

Back

pardon

Front

legal forgiveness of a crime

Back

precedent

Front

an earlier event or action that is regarded as an example or guide to be considered in subsequent similar circumstances.

Back

plaintiff

Front

One who begins a lawsuit

Back

seizure

Front

the action of capturing someone or something using force.

Back

statute

Front

a written law passed by a legislative body

Back

morality

Front

concern with the distinction between good and evil or right and wrong. Values that govern a society's attitude towards right and wrong.

Back

search

Front

to look for something

Back

Bankruptcy

Front

A legal process to get out of debt when you can no longer make all your required payments

Back

Assets

Front

money and other valuables belonging to an individual or business

Back

estate

Front

the money and property, of a person who has died

Back

Ethical Character Traits

Front

honesty, trustworthy, just (fair and equal), compassion, empathy, integrity (Do the right thing.)

Back

Bail

Front

A sum of money used as a security deposit to ensure that an accused person returns for his or her trial

Back

custody

Front

the legal right to make decisions affecting children and the responsibility for their care

Back

defendant

Front

an individual, company, or institution sued or accused in a court of law.

Back

Empathy

Front

Putting yourself in someone else's shoes

Back

legislature

Front

lawmaking body, Congress

Back

arraignment

Front

a hearing in which a suspect is charged and pleads guilty or not guilty

Back

Conciliation

Front

Method of non-binding dispute resolution involving a third party who tries to help disputing parties reach a mutually agreeable decision; also known as mediation.

Back

ethics

Front

the principles of right and wrong that guide an individual in making decisions. Creates rules to go along with values.

Back

constitution

Front

A document which spells out the principles by which a government runs and the fundamental laws that govern a society

Back