Business Law

Front 1

What does Tort mean?

Back 1

A wrongful act committed by one person against another person or his or her property-the breach of a legal duty imposed by law other than by contract

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Negligence

Back 2

Failure to do that which an ordinary, reasonable, prudent person would do, or the doing of some act that an ordinary, prudent person would not do.

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Strict liability

Back 3

The doctrine under which a party may be required to respond in tort damages, without regard to that party's fault.

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Compensatory Damages

Back 4

A sum of money the court imposes on a defendant as compensation for the plaintiff because the defendant has injured the plaintiff by breach of a legal duty.

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Punitive Damages

Back 5

Damages by way of punishment that are allowed by the court as the result of an injury caused by a wrong that is willful and malicious.

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Joint and several

Back 6

Two or more persons have an obligation that binds them individually as well as jointly. The obligation can be enforced either by joint action against all of them or by separate actions against one or more.

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Trespass

Back 7

An injury to the person, property, or rights of another person committed by actual force and violence or under such circumstances that the law will infer that the injury was caused by force or violence.

Front 8

Chattel

Back 8

A very broad term, derived from the word cattle and includes every kind of property that is not real property.

Front 9

Nuisance

Back 9

Generally, any continuous or continues conduct that causes annoyance, inconvenience, or damage to person or property

Front 10

Libel

Back 10

The publication of a falsehood about a person by printing, writing, signs, or pictures for the purpose of injuring the reputation and good name of such person.

Front 11

Slander

Back 11

An oral utterance of a false statement that injures the reputation of another.