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