Banking law
A legal status when a person or business cannot pay their debts
Bankruptcy
Medical malpractice
when a doctor or healthcare worker causes harm by not providing proper medical care.
Example: A surgeon operates on the wrong body part.
Wrongful termination
ending an employee’s job illegally or unfairly, for example in violation of the law or an employment contract
Evidence mishandling
dealing with evidence carelessly or incorrectly so that it may be damaged, lost, or become unreliable.
An unequivocal agreement to the terms of an offer finalizes the contract and creates binding obligations for both parties.
Acceptance
the percentage charged by a lender on the amount of money borrowed, or paid by a bank on money deposited, usually calculated on an annual basis.
Interest rate
Strict liability
a person or company is responsible for damage even if they were not careless.
Example: A company is liable if a defective product injures a consumer.
Example: An owner is liable if their dangerous animal injures someone.
the formal process an employee uses to complain about a problem at work
Grievance procedure
Unlawful search and seizure
A search or taking of property by authorities that is done illegally, without proper legal authority or a valid warrant.
How can an offer come to an end?
1. Revocation – the offeror withdraws the offer
2. Rejection – the offeree refuses the offer
3. Counter-offer – the offeree proposes new terms
4. Lapse of time – the offer is not accepted within a reasonable time
5. Death of a party – if the contract depends on a specific person
Explain the difference between interest and arrears
Interest is the extra money you pay for borrowing money, usually shown as a percentage.
Arrears means money that has not been paid on time and is overdue.
Vicarious liability
an employer is legally responsible for the actions of an employee done during work.
Example: A company is liable if its driver causes an accident while delivering goods.
reduce an employee’s wages, usually as a penalty or for time not worked.
Dock pay
Coerced confession
A confession forced from a person by pressure, threats, or force.
A legal remedy in contract law is one in which a court requires a breaching party to fulfill their contractual obligations rather than pay damages.
Specific performance
When you spend more money than you have in your account, the bank may let you borrow the extra money, but you have to pay it back.
Overdraft
Nuisance
Nuisance is an activity that unreasonably interferes with another person’s use or enjoyment of their property. Example: Constant loud noise from a factory near homes.
explain the difference between unfair dismissal and constructive dismissal
Unfair dismissal happens when an employer dismisses an employee without a fair reason or proper procedure.
Constructive dismissal happens when an employee resigns because the employer’s behavior makes it impossible to continue working.
Witness tampering
trying to influence, threaten, or pressure a witness to change their testimony or not testify
A Non-Disclosure Agreement
a legal contract that requires one or more parties to keep certain information confidential and not share it with others
A loan is used to buy a house, where the house is the collateral.
Mortgage
Explain trespass and its types
Trespass means entering or interfering with someone’s property or rights without permission.
Trespass to land: entering another person’s land without consent
Trespass to the person: unlawful physical interference (e.g. assault or battery)
explain the difference between resignation and redundancy
Resignation means the employee chooses to leave the job.
Redundancy means the employer ends the job because the position is no longer needed.
Excessive pretrial detention
keeping a suspect waiting for trial for an unreasonably long time before the case is decided
List all four elements of an enforceable contract
1. Offer
2. Acceptance
3. Consideration
4. Intention to create legal relations