CATEGORY 1: LEGAL TERMS
This document orders someone to appear in court and give testimony
What is a subpoena?
This person starts their own business
Who is an entrepreneur?
This person holds the highest position in a company
Who is the Chief Executive Officer (CEO)?
This is money earned by an employee for hours worked
What are wages?
This examines information about consumer buying habits
What is market research?
These damages are meant to punish the person who caused intentional injury
What are punitive damages?
This document details the future plans of a business
What is a business plan?
This person establishes an organization
Who is a founder?
This is an extra amount given as a reward for good work
What is a bonus?
This involves protecting personal data in databases
What is data privacy?
This legal process includes taking sworn statements and conducting physical exams
What is discovery?
This company sells goods in large amounts to shops and businesses
What is a wholesaler?
This is a type of product made by a particular company
What is a brand?
This is based on income or cost of goods/services bought
What is tax?
This device intercepts telephone information
What is a wiretap?
This combines lost wages, doctor's fees, and pain and suffering compensation
What are compensatory damages?
This occurs when a business spends more than it earns
What is a loss?
This occurs when a famous person appears in an ad supporting a product
What is an endorsement?
This is an attempt to influence through money or gifts
What is a bribe?
This person or company competes against others in the market
What is a competitor?
These are the stages of a civil suit in order
What are jury selection, opening statements, presentation of evidence, closing statements, jury instructions, verdict, and judgment?
This is money earned after paying all costs of producing and selling
What is profit?
These are formal discussions to reach an agreement
What are negotiations?
This means being unable to pay what you owe
What is bankrupt?
These are required elements for all contracts
What are offer, acceptance, consideration, legality, capacity, consent, and writing?