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20 Cards in this Set

  • Front
  • Back
arbitration
the settlement of disputed questions by one or more disinterested persons whose decision the parties agree to be bound
assign
to transfer property or a right to another
assignee
one to whom property has been assigned
assignor
the party who makes the assignment
bona fide
in good faith
bylaws
the rules enacted by the directors to govern corporations conduct
caveat emptor
let the buyer beware
debenture
an unsecured bond or note issued by a business
debt
an obligation to pay in money or goods
felony
a criminal offense that is punishable by confinement in prison or execution
fiduciary
person in a relation of trust or confidence
forbearance
refraining from doing a legal act
garnishment
a process whereby a person's money or property is applied to a payment to a third person
hacker
an unauthorized outsider who gains access to another's computer system
indictment
a formal accusation fo crime made by a grand jury
injunction
a judicial order or decree forbidding the doing of a certain act
insolvency
the state of being unable to pay one's debts as they become due
larceny
taking and carrying away the property of another without the consent of the person
libel
written defamation of another without legal justification
negligence
the omission to do what is reasonable