business law vocab

Question 1

circumscribe

Answer 1

restrict (something) within limits.

Question 2

statutory

Answer 2

required, permitted, or enacted by statute.

Question 3

preempt

Answer 3

take action in order to prevent (an anticipated event) from happening; forestall.

Question 4

holding

Answer 4

(Entry 1 of 2) 1 : a ruling of a court upon an issue of law raised in a case : the pronouncement of law supported by the reasoning in a court’s opinion — compare decision, dictum, disposition, finding, judgment, opinion, ruling, verdict.

Question 5

unconscionable

Answer 5

not right or reasonable.

Question 6

redress

Answer 6

remedy or set right (an undesirable or unfair situation).

Question 7

contemplate

Answer 7

think profoundly and at length; meditate.

Question 8

synonyms for so

Answer 8

ergo
accordingly.
consequently.
hence.
in consequence.
so.
then.
therefore.
thereupon.

Question 9

bona fide

Answer 9

genuine; real.

Question 10

Per Diem

Answer 10

allowance for traveling from companies to pay fro lodging, meals and incidental expenses

Question 11

incidental

Answer 11

extra, secondary, subordinate

Question 12

circumvent

Answer 12

find a way around

Question 13

subsequently

Answer 13

after a particular thing has happened.. afterward

Question 14

coalesce

Answer 14

to come together, to form one mass or whole

Question 15

yield

Answer 15

produce, provide

to give way to arguments aka surrender

Question 16

equity

Answer 16

the quality of being fair and impartial

Question 17

delegate

Answer 17

a person sent or authorized to represent others

Question 18

compunction

Answer 18

feeling of guilt or moral scruple that prevents or follows the doing of something bad

Question 19

acquittal

Answer 19

a judgement that a person is not guilty of a crime which the person has been charged

Question 20

confound

Answer 20

cause surprise or confusion, especially by acting against their expectations

Question 21

tries

Answer 21

to litigate a legal controversy

Question 22

extradite

Answer 22

hand over (a person accused or convicted of a crime) to the jurisdiction of the foreign state in which the crime was committed.

Question 23

tort

Answer 23

a wrongful act or an infringement of a right (other than under contract) leading to civil legal liability.

Question 24

presumption

Answer 24

an attitude adopted in law or as a matter of policy toward an action or proposal in the absence of acceptable reasons to the contrary.

Question 25

attenuate

Answer 25

reduced in force and effect or value