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Flashcards in Legal Terms- N Deck (10):
1

NEGLIGENCE

The failure to exercise that degree of care which an ordinarily prudent person would exercise under like circumstances.

2

NEGOTIABLE (instrument)

Any instrument obligating the payment of money which is transferable from one person to another by endorsement and delivery or by delivery only.

3

NEGOTIATE

To transact business; to transfer a negotiable instrument; to seek agreement for the amicable disposition of a controversy or case.

4

NOLLE PROSEQUI

A formal entry upon the record by the plaintiff in a civil suit or the prosecuting officer in a criminal action, by which he declares that he "will no longer prosecute" the case.

5

NOLLE CONTENDERE

The name of a please in a criminal action, having the same effect as a plea of guilty; but not constituting a direct admission of guilt.

6

NOMINAL

Not real or substantial.

7

NOMINAL DAMAGES

Award of a trifling sum where no substantial injury is proved to have been sustained.

8

NONFEASANCE

Neglect of duty.

9

NOVATION

The substitution of a new debt or obligation for an existing one.

10

NUNC PRO TUNC

A phrase applied to acts allowed to be done after the time when they should be done, with a retroactive effect. ("now for then.")