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Intro to Bus. Law
Vocab From Business Law
Question | Answer |
---|---|
Law | Governmental rule prescribing conduct and carrying a penalty for violations. |
Damages | A sum of money a wrongdoer must pay to an injured party. |
Business Law | Rules of conduct for the performance of business transactions. |
Common Law | English custom recognized by courts as binding. |
Equity | Justice system based on fairness, provides relief other than merely money damages. |
Restraining Order | Court's temporary order forbidding an action. |