Keywords Flashcards

1
Q

Scienter

A

Fraud.

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2
Q

Punitive Damages

A

Never available on contracts.

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3
Q

Quantity

A

Always on writing for contracts.

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4
Q

Strict Liability

A

Never the answer. Refers to goods liability.

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5
Q

Bankruptcy Ch 7

A

Liquidation.

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6
Q

Criminal penalty

A

Beyond reasonable doubt. For Fraud!

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7
Q

Civil penaty

A

Preponderance of evidence. Less than beyond reasonable doubt.

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8
Q

Trustee in Bankruptcy

A

Lien creditor.

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