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Glossary terms
Business Law Terms
Question | Answer |
---|---|
Answer | The pleading, filed by the defendant in court and served on the plaintiff, which responds to each allegation in the plaintiff’s complaint |
Affidavit | A written statement signed under oath |
Administrative law | Concerns all agencies, boards, commissions, and other entities created by a federal or state legislature and charged with investigating, regulating, and adjudicating a particular industry or issue. |
Affirm | A decision by an appellate court to uphold the judgment of a lower court. |
Arbitration | A form of alternative dispute resolution in which the parties hire a neutral third party to hear their respective arguments, receive evidence, and then make a binding decision. |
Assignment | Assignment |