Business Law
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| Actual Harm | The victim suffers an injury, has property destroyed or loses a lot of
money.
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| Alternative Dispute Resolution | occurs when parties try and resolve
a disagreement
outside of the usual court system
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| Arbitration | giving the power to settle their dispute to a third
party.
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| Assault | occurs when one person intentionally puts another in reasonable fear of an
offensive or harmful bodily contact
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| Assumption of Risk | a defense raised when the plaintiff knew of the risk involved and
still took the chance (assumed risk) of being
injured
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| Battery | the harmful or offensive touching of another
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| Breach | when you breach or break your duty to another
person
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| Causation | means that breach of duty caused the injury
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| Comparative Negligence | a defense that is raised when the carelessness of each party compared to the other party’s carelessness
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| Contributory Negligence | a defense whenever the defendant can
show that the victim
did something that helped cause his or her own injuries
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| Conversion | when property is stolen, destroyed or used in a manner that is
inconsistent with an owner’s rights
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| Court Injunctions | is a court order that prevents a party
from performing a specific act
and may be temporary of
permanent
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| Damages | is a payment recovered in court by a person who
has suffered an injury
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| Defamation | a false statement that injures a persons’ reputation or good name
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| Duty | the obligation to use a reasonable standard of care to prevent injury to others
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| False Imprisonment | the intentional confinement of a person against the person’s will
and without the lawful ability to do so
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| Fraud | occurs when there is an intentional misrepresentation of an existing important fact (that is a lie) which causes the victim to give up a right or something of value
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| Interference with Contracts | if a third party encourages a breach in any way,
then that third party may be liable in tort
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| Invasion of Privacy | uninvited intrusion into a person’s personal relationships and
activities
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| Mediation | occurs when parties to a dispute invite a mediator, to help solve the problem
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| Money Damages | are money damages received as if you suffer a loss as an injured party
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| Negligence | is a tort that results when one person carelessly injures another. It is an accidental tort and requires no intent.
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| Proximate Cause | when it is reasonably foreseeable that a breach of duty will result in an injury.
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| Punitive Damages | are money payments for damages that go beyond what the
innocent party actually lost. Designed to punish the wrongdoer
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| Tort | is a private wrong committed by one person against another
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| Trespass to Land | entry onto the property of another without consent
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| Vicarious Liability | when one person is liable for the torts of another
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