business law CH 5 TERMS

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Last updated 6:17 PM on 2/5/26
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18 Terms

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Actionable

Legally sufficient to support a lawsuit.

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Actual malice

Knowledge that a statement is false or reckless disregard for the truth.

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Appropriation

Using another person's name or likeness for commercial purposes without permission.

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Assault

An intentional and unexcused threat of immediate harmful or offensive contact.

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Assumption of risk

A defense where the plaintiff knowingly and voluntarily assumed a known risk.

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Battery

Intentional and unexcused harmful or offensive physical contact.

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Business invitees

People invited onto business property for business purposes.

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Business torts

Torts committed in a business context, often involving unfair competition or interference.

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Causation in fact

The requirement that the defendant's conduct actually caused the injury.

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Comparative negligence

A defense that reduces damages based on the plaintiff's percentage of fault.

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Compensatory damages

Damages awarded to compensate the plaintiff for actual losses.

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Contributory negligence

A defense that bars recovery if the plaintiff contributed to the injury.

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Conversion

Wrongfully taking or retaining another's personal property.

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Damages

Monetary compensation awarded to a plaintiff for losses suffered.

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Defamation

A false statement that harms a person's reputation.

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Defense

A legal reason why a defendant should not be held liable.

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Disparagement of property

False statements that harm the value of another's product or property.

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Dram shop acts

Laws holding alcohol sellers liable for injuries caused by intoxicated persons.

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