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Common Law
A legal system based on judge-made law and case law as the primary source of law.
Civil Law
A legal system consisting of a legal code of general principles, which serves as the source of law.
Contingency Fee
A payment structure where a lawyer receives a percentage of the settlement if the case is won.
Law
A body of rules that regulates human relations and serves as an instrument of social control.
Stare Decisis
A legal principle that mandates courts to follow precedents set by previous decisions.
Punitive Damages
Monetary compensation awarded to punish a defendant for egregious conduct, beyond compensatory damages.
Rights
The legal capacity of a person to require another to perform or refrain from an act.
Duties
Legal obligations imposed on a person to perform or refrain from certain actions.
Hospitality Law
Legal regulations that apply to businesses in the hospitality industry, such as restaurants and hotels.
Dilution
The act of making a brand appear less favorable or distinct, often in trademark law.
Procedural Law
Rules governing how courts conduct business and how cases proceed through the legal system.
Administrative Law
Regulations created by administrative agencies that have the force of law.
Contract
A legally enforceable agreement between two or more parties.
Breach of Contract
The failure to fulfill the terms of a contract.
Indemnification
The act of compensating someone for a loss or protecting them from legal responsibility.
Attrition
The reduction in the number of expected participants or attendees in an event or contract.
Group Lodging Contract
A written agreement for reserving multiple hotel rooms for an event or group.
Meeting Planner
A professional responsible for organizing meetings and events for clients or employers.
Allowable Attrition
The permitted decrease in the number of guests before incurring financial penalties.
Fiduciary Responsibility
The obligation of an agent to act in the best interest of their principal.