Legal Terms- N

Question 1

NEGLIGENCE

Answer 1

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

Question 2

NEGOTIABLE (instrument)

Answer 2

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

Question 3

NEGOTIATE

Answer 3

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

Question 4

NOLLE PROSEQUI

Answer 4

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.

Question 5

NOLLE CONTENDERE

Answer 5

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.

Question 6

NOMINAL

Answer 6

Not real or substantial.

Question 7

NOMINAL DAMAGES

Answer 7

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

Question 8

NONFEASANCE

Answer 8

Neglect of duty.

Question 9

NOVATION

Answer 9

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

Question 10

NUNC PRO TUNC

Answer 10

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