General Legal and Contract Terms

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80 Terms

1
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What does "as is" mean in a sale context?

A sale term indicating the buyer accepts the item in its current condition, with no warranties.

2
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What is the "But for" test in tort law?

A causation test asking whether harm would not have occurred 'but for' the defendant's action.

3
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What constitutes acceptance of an offer?

Agreement to the terms of an offer, forming a binding contract.

4
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What is Accord and Satisfaction?

Settlement where parties agree to discharge a claim by different terms.

5
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What does Alternate Dispute Resolution (ADR) involve?

Methods like arbitration or mediation to resolve disputes outside of court.

6
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What is anticipatory repudiation?

When one party signals they will not fulfill contractual obligations before the due date.

7
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What are the functions of appellate courts?

Reviews lower court decisions for legal errors, not facts.

8
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What is the assignment of rights in a contract?

Transfer of contractual rights to another party.

9
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How do auctions operate?

Sales where goods go to the highest bidder, with or without reserve.

10
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What is commercial impracticality?

Defense for non-performance due to unforeseen, extreme disruptions.

11
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What does commercial reasonableness require?

Standard requiring fairness in business practices under the UCC.

12
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What is a complaint in legal terms?

Legal document initiating a lawsuit by stating claims.

13
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What are consequential damages?

Indirect damages from a breach, such as lost profits.

14
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What are contract conditions?

Terms that must be met for a party’s performance to be due.

15
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What defines a contract?

Legally enforceable agreements between parties.

16
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What do copyrights protect?

Legal rights protecting original works of authorship.

17
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What is a covenant not to compete?

Agreement restricting one party from competing post-employment or sale.

18
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What are crimes classified as?

Acts punishable by law, which can be felonies or misdemeanors.

19
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What are cybercrimes?

Criminal acts involving computers, such as hacking.

20
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What is cybersquatting?

Registering domain names in bad faith to profit from trademarks.

21
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How is cyberterrorism defined?

Using technology to conduct terrorist activities.

22
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What is the death penalty?

Capital punishment for severe crimes.

23
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What constitutes defamation?

False statements that harm reputation, either written (libel) or spoken (slander).

24
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What are damages in legal terms?

Monetary compensation for loss or injury.

25
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What does discharge of agreement mean?

Termination of contractual obligations, such as performance or mutual agreement.

26
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Who are the District Attorney, Attorney General, and Prosecutor?

Officials who represent the state in criminal cases.

27
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What is duress in contract law?

Coercion that invalidates consent.

28
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What is delegation of duties?

Transfer of contractual duties to another party.

29
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What do ethics refer to in a legal context?

Moral principles guiding conduct, such as utilitarianism and duty-based ethics.

30
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What are exculpatory clauses?

Contract terms that waive liability for harm.

31
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What is the difference between a felony and a misdemeanor?

Felonies are serious crimes, while misdemeanors are minor offenses.

32
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What does the First Amendment protect?

Freedoms of speech, religion, press, assembly, and petition.

33
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What is the first sale doctrine?

Limits copyright control after the first sale of a work.

34
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What does fraud in contracts entail?

Intentional deception to induce a contract.

35
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What is the difference between goods and services?

Goods are tangible items, while services are intangible acts.

36
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How are Federal Statutes applied?

Enforced nationwide, preempting conflicting state laws.

37
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What is identification of goods in a sales contract?

Designating specific goods to be sold.

38
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What are incidental and intended beneficiaries?

Third parties who may benefit from a contract; incidental have no rights, while intended have enforceable rights.

39
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What is judicial review?

Courts' power to assess the constitutionality of laws or actions.

40
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What is jurisdiction in legal terms?

Authority of a court to hear a case.

41
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What are the landlord's responsibilities?

Duties such as maintaining habitable premises.

42
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What is larceny?

Unlawful taking of property, also known as theft.

43
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What is a lease?

Contract for temporary use of property in exchange for rent.

44
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What does licensing involve regarding patents, software, and trademarks?

Granting permission to use intellectual property.

45
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What is malware?

Malicious software, such as viruses.

46
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What defines a merchant in business?

A professional who deals in goods of a certain kind.

47
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What are Miranda rights?

Rights read to detainees, such as the right to remain silent.

48
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What is misrepresentation?

False statements that can be either innocent or fraudulent.

49
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What is a mistake of fact in criminal law?

Defense claiming that an honest error negates intent.

50
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What is a mistake of value in contracts?

Error about value, which typically does not void contracts.

51
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What are the elements of negligence?

Duty, breach, causation, and damages leading to liability.

52
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What are nonconforming goods?

Items that fail to meet contract specifications.

53
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What is novation?

Replacing an old contract with a new one, involving new parties.

54
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What is proximate cause?

Legal cause of harm, close enough to hold someone liable.

55
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What are punitive damages?

Awards given to punish egregious misconduct.

56
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What is the purpose of the UCC?

To standardize commercial law across states.

57
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What defines a reasonable person in torts or contracts?

A hypothetical standard for prudent behavior.

58
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What are the rights of the accused?

Protections such as a fair trial and presumption of innocence.

59
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What type of contracts require a signature according to the Statute of Frauds?

Certain contracts, like land sale agreements, require written signatures to be enforceable.

60
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What is specific performance?

A court order to fulfill contractual duties, often used for unique goods or land.

61
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What does the Statute of Frauds require?

Certain contracts must be in writing to be enforceable.

62
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What is strict liability in tort?

Liability without fault, applicable for ultrahazardous activities.

63
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What is substantial performance?

Near-complete fulfillment of a contract allowing recovery except for defects.

64
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What is tender payment?

Offer of payment as required by a contract.

65
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What are trade secrets?

Confidential business information, such as formulas.

66
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What does a trademark do?

Identifies goods or services and is protected against infringement.

67
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What is typosquatting?

Registering misspelled domain names to divert traffic.

68
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What is the U.S. Constitution?

The supreme law of the U.S., outlining government structure and rights.

69
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What is the difference between UCC and common law contracts?

UCC governs sales of goods; common law governs services and real estate.

70
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What does UCC acceptance of goods mean?

Buyer’s agreement to take conforming or nonconforming goods.

71
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What happen to additional terms under UCC?

New terms in acceptance may become part of the contract.

72
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What does UCC state about rejection of nonconforming goods?

Buyer has the right to refuse goods that don’t meet terms.

73
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What does revocation of acceptance under UCC entail?

Buyer’s withdrawal of acceptance due to hidden defects.

74
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What is the tender of nonconforming goods according to the UCC?

Delivery of goods that don’t fully meet contract terms.

75
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What does Usage of Trade refer to under UCC?

Industry customs that interpret contract terms.

76
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What do UCC warranties guarantee?

Guarantees about goods such as merchantability and fitness for a particular purpose.

77
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What does unconscionability refer to in contracts?

Unfair contract terms that courts may void.

78
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What is undue influence?

Coercion that overpowers someone’s free will in contracts.

79
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What is unmerchantability?

Goods that are not fit for ordinary purposes.

80
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What do usury laws regulate?

Caps on interest rates to prevent excessive charges.