trail Notes Flashcards
A law suit brought by one or more individuals on behalf of an entire group of people
Class action
Something value used as security for carrying out a contract
Collater
Legal customs and court decisions formed in England and later in the United States
Common law
Law of 38 states that if a couple divorces the property must be divided equally
Community property
A rule used in many states to decide negligence cases where both involved parties at fault
Comparative negligence
Basic part of a legal contract … something of value given in exchange for something else
Consideration
1969 federal law requiring business that gives credit, to inform their customers of the exact credit costs
Consumer credits protection act
Laws which affect the buying and selling of goods
Consumer law
Obstructing justice, refusing to obey court orders
Contempt of court
A legal agreement , oral, or written, between two or more parties … consist of an offer, acceptance and consideration
Contract
Under court order, business must states their ads that previous ads were aeceptive
Corrective advertising
To guarantee that a contract made by someone else will be carried out
Co-sign
A step in making some contract, one person makes an offer, the other person suggests a change
Counter - offer
Estimate of a persons ability to repay credit
Credit score
Laws which describe crimes and the penalties for committing them. Deals the production and defense of criminal
Criminal law
