Fp2 / Business Law / Part 2

Immunity – an act exempting someone- freedom rom prosecution even when one has committed a crime
Executive branch: – protecting the law-
enforcement officer
public as a group (public health and safety). —
Tortfeasor – the one committing the tort
Public Law – Law that involves suits between private individuals or groups and their government.
Remand – ○ Term used when an appellate court sends a case back to trial court for additional hearings or a new trial
Implied warranty – those created by the Code itself, not by any act or statement of the seller
Compensatory damages – award paid to the injured party to cover the exact amount of their loss, but no more
annul – to make void or invalid
Plaintiff – A person who files a complaint.
Which of the following is true regarding the law that is relevant to bankruptcy claims?
Select the order for the following words to form the basic steps in legal reasoning: – Issue, Rule, Application and Conclusion.
alternative dispute resolution (ADR) – the process, outside of the usual system, by which parties may attempt to solve their disputes by using creative settlement techniques
Challenge for Cause – remove a juror because of an identified bias
Which оf the fоllоwing is true regаrding the lаw thаt is relevant to bankruptcy claims?
A – Brett and Courtney form Delite Day Care, Inc. Ultimate responsibility for policy decisions necessary to the management of corporate affairs rests with:
a. its board of directors.
b. its incorporators.
c. its officers.
d. its shareholders
counterclaim – used against the affirmative defense, and will cause the plaintiff to submit an answer
Binding Authority – any source of law that a court must follow when deciding a case. Include: constitutions, statutes, and regulations that govern the issue being decided as well as court decisions that are controlling precedents within the jurisdiction.
What is fiduciary? – Person in a relationship of trust or confidence.

Family relationships
Attorney and client
Physician and patient
Funeral director and family

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