Laww Flashcards
(25 cards)
What is the definition of ‘tort’?
A tort is a civil wrong that causes harm or loss to another person, leading to legal liability.
True or False: A contract must be in writing to be enforceable.
False. Many contracts can be oral and still enforceable, depending on the circumstances and the type of contract.
Fill in the blank: The legal term for a wrongful act that causes injury to someone is called a _____.
tort
What is ‘consideration’ in contract law?
Consideration refers to something of value exchanged between parties in a contract.
What does ‘plaintiff’ mean?
A plaintiff is the person who brings a case against another in a court of law.
Multiple Choice: Which of the following is NOT a type of contract? A) Implied B) Express C) Verbal D) Inferred
D) Inferred
What is ‘jurisdiction’?
Jurisdiction is the authority of a court to hear and decide a case.
True or False: A ‘breach of contract’ occurs when one party fails to fulfill their obligations under the contract.
True
What is the term for the legal process of resolving a dispute outside of court?
Alternative Dispute Resolution (ADR)
Fill in the blank: An agreement between two or more parties that creates legally enforceable obligations is known as a _____.
contract
What does ‘defendant’ refer to?
The defendant is the individual or entity accused of a wrongdoing in a legal proceeding.
Multiple Choice: Which of the following is a form of intellectual property? A) Trademark B) Contract C) Tort D) Liability
A) Trademark
What is meant by ‘due diligence’?
Due diligence refers to the investigation or audit of a potential investment or product to confirm all facts.
True or False: A ‘power of attorney’ allows one person to make decisions on behalf of another.
True
What is ‘negligence’?
Negligence is the failure to take reasonable care to avoid causing injury or loss to another person.
Fill in the blank: A legal document that sets out the terms of a loan is called a _____.
promissory note
What does ‘verdict’ mean?
A verdict is the decision made by a jury or judge in a court case.
Multiple Choice: Which of the following is a type of legal remedy? A) Injunction B) Mediation C) Negotiation D) Arbitration
A) Injunction
What is ‘litigation’?
Litigation is the process of taking legal action or resolving disputes in a court.
True or False: An ‘affidavit’ is a written statement confirmed by oath or affirmation.
True
What is the legal term for a formal charge or accusation of a serious crime?
Indictment
Fill in the blank: The party that appeals a court decision is known as the _____.
appellant
What does ‘settlement’ refer to in legal terms?
A settlement is an agreement reached between parties to resolve a dispute without going to trial.
Multiple Choice: Which of the following is an example of a fiduciary relationship? A) Landlord and tenant B) Attorney and client C) Buyer and seller D) Employer and employee
B) Attorney and client
