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Business Vocabulary
Corporate law
The Principles may be compared with the American Restatement of the Law of Contract, which consists of non-binding rules, or ".....".
a
by law
b
false law
c
near law
d
soft law
Agency is a common-law subject of wide ..... that intersects with a number of other subjects.
scale
scope
sense
series
Despite the fact that specific rules concerning certain of those agency relationships have evolved, there remains a ..... law of agency with substantial application across diverse legal contexts.
free-standing
free-wheeling
long-awaited
long-lasting
In the nineteenth century, also known as the classical age of English contract law and the ..... of laissez-faire economic theory, common law rejected the moral theory of Lord Mansfield, which held that promises are a moral obligation.
eloquence
epitome
heyday
highlight
Contracts are promises that the law will ......
enact
enforce
enhance
espouse
Failure to make payments results in the ..... of the mortgage.
foreclosure
invalidation
reclamation
voiding
The Uniform Commercial Code governs conflicts between mortgages on real property and liens on ..... (personal property attached to a piece of real estate).
amenities
facilities
fixtures
furniture
These wrongs result in harm constituting the basis for a claim by the ..... party.
impaired
impeded
inflicted
injured
Investment and trade that ..... national boundaries are frequently influenced by public international law issues dealing with the relations among independent states.
transcend
transfer
transfix
transform
The publishing firm was asked to pay ..... to the author after it printed her material without proper permission.
commission
culpability
compensation
capitulation
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