Business & Technology Legal Concepts Glossary A-C Terms

A collection of flashcards defining key vocabulary and concepts related to business and technology law.

Business Crime

A non-violent offense typically involving financial manipulation or deceit within a business context, often called a 'white-collar crime'.

Compliance

Following established laws, regulations, and industry standards set for a specific business or industry.

Contract Law

Legal guidelines governing written agreements between parties that outline specific obligations and expectations.

Embezzlement

The act of illegally taking money from a company or organization for personal gain, typically by someone in a position of financial trust.

Employment Laws

Legal regulations designed to protect workers' rights, ensuring fair treatment, compensation, and working conditions.

Ethics

A set of moral principles guiding behavior and decision-making in professional and personal contexts, emphasizing fairness and integrity.

Fair Use Doctrine

Legal principle allowing limited use of copyrighted material without permission for purposes like criticism, commentary, or education.

Fraud

Intentional deception for financial or personal advantage, often involving misrepresentation of facts.

Intellectual Property

Creative works protected by law, including copyrights, patents, and trademarks.

License

Official permission to conduct business or use specific technology, often requiring compliance with established standards.

Plagiarism

Using someone else's work, ideas, or words without proper attribution or permission.

Privacy Regulations

Legal guidelines governing how organizations collect, store, and use personal information.

Technology Compliance

Ensuring digital systems and practices meet legal and ethical standards for data protection and usage.

White-Collar Crime

Non-violent criminal activities typically committed in business or professional settings, often involving financial manipulation.

Workplace Regulations

Established rules and standards governing employee treatment, safety, and professional conduct.