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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
The Commission has made an effort to deal with those issues in contract which face business life of today and which may ..... the trade.
adhere
advance
advertise
advise
The law of agency is based on the Latin ..... 'Qui facit per alium, facit per se', which means 'he who acts through another is deemed in law to do it himself'.
axiom
epigram
maxim
utterance
Adequate consideration is a benefit which a party receives which reasonably and fairly ..... them to make the promise/contract.
conduces
educes
induces
seduces
If the mortgage is not the only lien on the property, then state law determines the ..... of the property interests.
preference
preponderance
priority
propriety
Products liability refers to the liability of any or all parties along the ..... of manufacture of any product for damage caused by that product.
chain
creek
links
way
While the product might ..... its purpose well, it can be unreasonably dangerous to use due to a design defect.
serve
state
suite
supply
Sillitoe worked with the American State Department to ensure that claims arisen from the Gulf War were handled without ..... procedural delay and that funds to pay these claims became available.
unbecoming
undue
untoward
untried
Sillitoe & Smith also have extensive institutional knowledge concerning and experience with the UN Convention on the Law of the Sea, which governs situations involving the sea floor and the ..... seas.
high
open
over
seven
Although they were close friends, the line manager was unable to ..... the erroneous actions of his deputy.
condone
recapitulate
commiserate
replicate
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