Stack #142430
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| Violation of agreement of obligation | Breach of Contract
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| Customs which has become to be recognized by the courts | Common Law
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| Agreement between two or more parties | contract
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| the most important statue in the field | Unifom Commercial Code
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| Cause for terminating contract | Death or Insanity
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| Substitution of a new party for the original | Novation
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| Election to avoid a contract | Disaffirmance
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| One who promises to refrain from doing something: | Forbearance
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| Restatement of ones willingness | Ratification
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| Whatever the promissory demands and receives as the price | Consideration
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| The party to whom appoints another to act in his name | Principal
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| The party to whom commerical paper is made payable | Payee
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| The person who executes a draft | Drawer
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| When the drawee of a bill of exchange indicates his willinness | Acceptor
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| Ther person or business concerns who is ordered to pay bill or draft | Drawee
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| If the payee of commercial paper is indicated as cash or myself | Bearer
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| The substitution of a new party for the original party | novation
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| when one party to a contract breaches it the other party has the right to sue for breach of contrract but must exercise this right within time fixed by a statue | Statue of Limitation
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| Customs, which have come to be recognized by the courts | Common Law
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| A contract made by an insane person | Voidable Contract
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| Any rate above the maximum rate | Usurious
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| When one promises to refrain from doing something is | Forbearance
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| The statute listing ceratin classes of contract, which must be in writing to be enforceable | Statute of Frauds
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| The means where by one party conveys his rights in a contract to another who is not a party to the original contract | Assignment
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| An association of individuals united for a common purpose and permitted by law | Corporation
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| A corporation has a distinct existence separate and apart from the existence of its individuals member which is known as | Entity
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| Shareholders | Owners of a Corporation
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| The right to declare dividends depends upon the diescretion of the | Board of Directors
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| The profit of a corporation belongs to the corporation until set aside by the directors for distributions as | Dividends
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| All physical items that are not real property are classified as | Personal Property
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| A contract tha is of no legal effect | Void Contract
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| A contract that may be set aside by at least one of the parties | Voidable Contract
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| A contract, which is enforceable by the court | Valid
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| You receive an offer in the mail containing no stipulations, the agreement is complete when the acceptances are | Placed in the mail by the offer
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| One who induces another to enter into a contract as a result of intentionally or recklessly false statement | Fraud
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| Rules of vivil conduct commanding what is right and prohibiting what is wrong | Laws
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| Church made law | Common Law
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| Means of destroying another free will be obtaining his consent to contract by means of threat | Duress
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| Trust of Confidence | Fiduciary
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| A breach of the duty of care one individual has towards another | Tort
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| The maximum amount of interest that may be charged | Contract Rate
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| Any rate above the maximum rate | Usurious
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| The court having sole jurisdiction over estate is | Probate
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| When physical possession of a dead body lies with on funeral director but another funeral director has control of the final disposition, thi is called | Constructive Possession
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| The person in possession of commercial paper | Holder
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| When the payee of commercial paper writes his name on the back of it before delivering it to another party | Indorser
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| Written instruments drawn in a special form | Negotiable Instruments
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| An unconditional written promise to another signed by a Maker engaging in pay on demand or an fixed times, a slip containing money to order, or to the borrower | Promissory Note
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| A draft drwn on a bank and payable on demand | Check
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| The contract between a principal and an agent creates a relationship called | Agency
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| An association of individuals united for a common purpose | Corporation
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| A written disposition of property | Will
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| When a person dies without a will | Intestate
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| A person who dies leaving a valid will | Testator
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| An addition or modification of a will | Codicil`
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| The damage awarded to an injured party in a contract | Compensatory Damages
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| The extinction of withdrawal of a legacy | Ademption
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| A will written entirely by the testator in his own handwriting | Holographi Will
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| A proportion reduction of a legacy by an act equivalent | Abatement
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| The condition of an estate on a deceased person, which is unable to pay the debts | Insolvent Estate
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| One having primary right | Surviving Spouse
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| Rate charged when parties are silent as to the interst rate | Legal rate
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| The one who institutes the action | Plaintiff
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| Of no legal effect | Void
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| The one against action is brought | Defendant
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| Concerns primarily those rules that are enforceable by law | Valid Contract
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| Concerns primarily those rules of conduct prescribed by the government for performance of business transaction | Business Law
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| The one to whom the right of assignment is transferred | Assignee
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| Spoken Words | Parole (papel) Evidence
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| Maximum rate of interst that can be charged | Contract Rate
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| The one who makes the assignment | Assignor
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| Where the original trial is conducted | Trial Court
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| Initiates the complaint | Plaintiff
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| One who the plaintiff complains on | Defendant
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| Makes an offer | Offeror
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| Accepts and Offer | Offee
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| One who is authorized by his principal to transact a specific act or series of acts is a | Special Agent
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| Pary appointed by the principal | Agent
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| Made under a seal | Formal Contract
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| Involves an injury to another | Tort
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| Threat of harm | duress
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| Unwritten law | Common Law
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| Chancery Court | Equity law
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| Person named in a will to carry out the terms of the will | Executor
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| Not enforceable by law | Void Contract
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| Enforceable by law | Valid Contract
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| One-sided contact | Unilateral Contract
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| Mutual exchange of promises | Bilateral Contract
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| Legal status of a dead human body | Quasi-Property Rights
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| Law | Jurisprudence
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| Surviving wife or husband | Spouse
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| Persohn receiving personal property in a will | Legatee
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| Person receiving Real Property | Devisee
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| Action to recover possessions of property unlawfully retained | Replevin
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| When the family during an arrangement, it is a good ethical practice to | Provide the family with documentation of all business transactions
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| Right of a state to regulate matters pertaining to the dead | Police Power
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| Trust or confidence | Fiduciary Agreement
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| State boards of funeral service | Administrative Law
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| A contract under seal is called | A formal Contract
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| Mutual mistakes as to the existence of the subject matter render a contract | Void
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| The election to void a contract is | Disaffirmance
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| A restatement of ones willinness to be bound by his promise made during minority is calle | Ratification
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| a contract made by a legally declared insane person is | Void
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| When a funeral director has a dead human body in his care, he is properly termed | Custodian
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| When a funeral director has the personal effets of a dead human body in his possession | Bailee
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| A person appointed by the court to oversee the estate of an intestate is called | Administrator
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| A personal representative of the decedent appointed in the will to carry out the provisions of the will is called | Executor
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| State board of funeral service | Administrative law
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| Municipal Law | Ordinances
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| The power or authority that each court has to hear cases | Jurisdiction
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| In order to be enforceable a valid contract must meet | 1. Mutual agreement 2. competent parties 3. Lawful purpose 4. consideration
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| Mutual exchange of promises | Bilateral Contract
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| the filing and proving of the iwll following death is called | Probate
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| Harming or injuring a person by restricting his freedom | False Imprisonment
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| Receives proceeds from a policy | Beneficiary
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| The insurer | Underwriter
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| Consideration insured pas for protection | Premium
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| Amount insurer agrees to pay | Face Amount
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| Person protected against the loss | Policyholder
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| A contract in which the terms have not been fully performed | Executory
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| A contract in which undue influence was proven | Voidable
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| Ethical consideration in regards to the care of the deceased body | Entrusted care by the family
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| In maintaining high standard of conduct with competitior the funeral director should | Respect the bereaved families choice of funeral establishment
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| An ethical obligation to your professional association | Urge professional solidarity
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| A system or code of morals of a particular philosopher, religion, group or profession is called | Code of Ethics
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| Person making a will | Testator
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| Person receiving a gift of real estate in a will | Devisee
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| When the duty of care of Motorists owes other motorists is breached and results in injury or damages to another | Tort
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| Stand by the Decision | Stare Decisis
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| Municipal Law | Ordinance
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| Unwritten Law | Common Law
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| Law of the Sea | Adminlity Law/Maritime Law
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| A bill of exchange | Draft
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| Harming a person by threatening to beat him | Assault
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| Harming a person by defaming him orally | Slander
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| Harming by defaming a person in writing | Libel
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| Skeleton does not constitute a dead human body | (blank)
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| Blood relation | Consanguinity
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| Action to recover possession of property unlawfully retained | Replevin
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| Land, Timber, Minerals, and Buildings | Real Property
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| Property rights consisting merely of evidence of ownership | Intangible
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| Personal property, which can be seen and touched | Tangible Property
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| The purpose of Tort is to compensate the aggrieved not to punish the wrong doer | (blank)
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| May be set aside by at least one of the parties | Voidable contract
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| The damages awarded on injured party in a contract exact amount in the loss | Compensatory Damages
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| When a funeral director has a dead human body in his care, he is properly termed a | custodian
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| When a funeral director has the personal effects of a dead human lady in his possession he is properly termed | bailee
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| A person a pointed by the court to oversee the deceased estate is called | administrator
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| A personal representative of the decedent appointed ill the will to carry out the provisions of the will is called | executor
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| A funeral director may serve an estate as _____________ or _________________ | administrator, executor
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| A written disposition of property, real or personal to take eject at the death of an individual is called | will
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| When a person dies without a will he is said to die | intestate
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| A person who dies leaving a valid will is called a | testator
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| An addition or modification of a will is known as a | codicil
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| The cling and proving of the will following oath is called | probate
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| A contract that is of no legal effect is | void
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| A contract that may be set aside by at least one of the parties is | voidable
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| A contract which is enforceable by the courts is | valid
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| You receive an offer in the mail containing no stipulation as to the acceptance, and you decide to return 'your acceptance by pail: agreement is complete when the acceptance is | placed in mail by offeree
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| one who includes another to enter into a contract as a result of a intentionally or recklessly false statement of a material fact is guilty of | fraud
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| A means Of destroying another's free will by obtaining his consent to a contract by means of threat to do him some harm is | duress
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| A term involving a relation Of trust or confidence | fiduciary
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| breach Of duty of care one individual has toward others is calve | tort
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| The maximum amount of interest that may be charged is called the | contract rate
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| Any rate of interest above the maximum rate allowable by law is said to be | usurious
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| A contract in which the terms have not been fully performed by all the parties is said to be | executory
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| a contract in which undue influence was proven is considered | voidable
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| the laws of city councils are called | ordinances
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| the power or authority which each court has to hear cases is called its | jurisdiction
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| A draft drawn on a bank and payable on demand is a | check
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| the disinterment of a dead human body is accomplished by court order through the ________________ or __________________ | coroner, presiding judge
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| Right of a state to regulate matters pertaining to the dead | Police Power
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| Church made law | Canon law
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| One who is authorized to carry on all of his principal's business at a particular place or at all of his principals business of a particular kind is a ______________ agent | general
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| the written contract of agency is known as | power of attorney
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| the party who appoints another party to act in his name in forming contracts with third parties is called | principal
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| the person who executes a promissory note is called the | maker
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| a person who becomes the holder of commerical paper by indorsement and delivery is called the | indorsee
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| a bill of exchange is commonly called a | draft
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| physically beating someone is called | battery
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| restricting a persons freedom is known as | false imprisonment
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| this person receives proceeds from a policy | beneficiary
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| the insurer is known as the | underwriter
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| consideration insured pays for protection is called | premium
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| the amount insurer agrees to pay is called the | face amount
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| the person protected against the loss is known as the | policy holder
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