By the Law: Basic Legal Terms

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Can you name the Legal Terms?

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DefinitionWord
Rewarding a party what is owed them for the goods or services provided under contract
Test based on how a 'reasonable person' would view the matter
Guiding principles for interpreting terms of a contract
Contract term which specifies payment of one party to the other in a breach
An event that ends contractual obligations
Litigation alternatives for resolving disputes
Customer agrees to standard set of terms that favour the other side
A downpayment to a lawyer
Formal hearing before a judge which results in a binding decision
Defendant must be found guilty beyond a reasonable doubt
When one party (plaintiff or defendant) must pay other party for a lost lawsuit
When parties' contractual obligations do not begin until an event occurs
Withdrawal of an offer
Initiates litigation by setting out plaintiff's allegations against the defendant
Rejection of one offer and the proposal of a new one
Discussion used to reach a mutually acceptable resolution; transferring negotiable instruments from one person to another
Claim by the defendant against the plaintiff
Refusal to accept an offer
Arguing to a higher court that a court decision is wrong
Time period specified by legislation for commencing legal action
Party who files an appeal
DefinitionWord
Rule limiting evidence a party can produce about contents of contract
Expression of willingness to do business
When an offeror must keep an offer open for a specified time in exchange for a fee
Fee based on percentage of judgment awarded, paid by client to the lawyer only if action is successful
Formal documents of a lawsuit
Contract term limiting liability in case of a breach
Expiration of an offer after a specified or reasonable period
The unconditional ratification of all of the terms of the offer
When parties agree that a contract is complete as written
In Civil Law, where case is solved by the side that seems the most credible
Promise to perform specified acts on certain terms
One who is legally ordered (by a judge) to pay a debt, who has still not paid
A very large number of plaintiffs
Defendant to an appeal
A promise for which no consideration is given
Price paid for a promise
Process whereby each party forces the disclosure of information from the other party
A presumption against one party that another party can seek to rebut with leading evidence to the contrary
Provision not expressly included in a contract, but was part of parties' intention
Assumption that parties in a contract are able to look out for their own interest
Doctrine whereby someone who relies on a gratuitous promise may enforce it

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Created May 22, 2011ReportNominate
Tags:definition, basic, law, legal, term