The classification of law that provides remedies for breaches of duties owed to others.
What is civil law?
100
A contract in which each party promises a performance.
What is a bilateral contract?
100
A signed agreement indicating that during the course of investigation, neither the insurer nor the insured waives rights under the policy.
What is a Nonwaiver Agreement?
100
An interest in property that allows the property to be sold on default to satisfy the debt.
What is Security Interest?
100
The party temporarily possessing the personal property in a bailment.
Who is a bailee?
200
An alternative dispute resolution procedure that is nonbinding and uses an impartial intermediary to assist the parties in reaching a decision.
What is mediation?
200
A law that requires certain contracts to be in writing and contain the signature of the party responsible for performing that contract.
What is Statute of Frauds?
200
Any contract in which one party must either accept the agreement as written by the other party or reject it.
What is a Contract of Adhesion?
200
Legislation that provides a consistent legal basis for business transactions throughout the United States and its territories.
What is the Uniform Commercial Code (UCC)?
200
Concurrent ownership of property, in equal or unequal shares, by two or more joint tenants who lack survivorship rights.
What is Tenancy in Common?
300
Source that interprets, affirms, or negates laws.
What is the Judicial Branch?
(Or Courts, Judges)
300
A rule of evidence that limits the terms of a contract evidenced by a writing to those expressed in writing.
What is Parol evidence rule?
300
A legal principle that prohibits a party from asserting a claim or right that is inconsistent with that party's past statement or conduct on which another party has detrimentally relied.
What is estoppel?
300
A document through which a warehouse operator can list terms that limit their legal liability for loss to customer property.
What is Warehouse Receipt or Storage Agreement?
300
The right of a government to seize private property for public use.
What is Eminent Domain?
400
The two primary functions of administrative agencies
What are rulemaking and adjudication?
400
A party's unequivocal indication before contract performance is due that he or she will not perform when performance is due.
What is Anticipatory Breach?
400
An obligation that courts impose on a seller to warrant certain facts about a product, even though they are not expressly stated by the seller.
What is an Implied Warranty?
400
The person to whom a negotiable instrument has been issued or endorsed and who possesses it for value, in good faith and without notice that it may not be valid.
What is the Holder in Due Course?
400
A nonmaterial interest in real property.
What is Incorporeal interest?
500
A doctrine that bars parties to a lawsuit on
which final judgment has been rendered
from bringing a second lawsuit on the same
claim or on related transactions.
What is Res judicata or claim preclusion?
500
An illegal transaction in which both parties are equally at fault.
What is in pari delicto agreement?
500
A law that permits a negligence victim to sue an insurer directly or to sue both the insurer and the wrongdoer jointly.
What is Direct-action Statute?
500
The act that prohibits unfair methods of competition and unfair or deceptive acts or practices that affect interstate commerce.
What is Federal Trade Commission Act?
500
A right or privilege to enter another's land and take away something for value from its soil or from the products of its soil.