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Actual ownership over the property while the debtorOnly has possession. In case of default, the creditor Can simply take back possession of the property. Serves the same purpose as security, but is not Recognised by the law as such. Quorum number of shareholders or directors who have to Be present at a board meeting so that it can be validly Conducted Race relations social, political or personal connections With and between people with different distinguishing Physical characteristics Real property land, including anything attached to it Reasonable reliance dependence on a contract which is Considered fair, sound thinking or common sense Reasonably prudent person (also reasonable person) Fictitious person used as a standard for legal Reasoning in negligence cases redundancy dismissal (UK) termination of an employee's Employment contract because their position ceases to Exist (US layoff) Registrar of Companies (UK) officer in charge of keeping The list of limited companies registered at the Companies House Regulation order controlling through rules or restrictions Rejection refusal to accept an offer Release to discharge a person from an obligation Relevant market area in which effective competitive Constraints may be imposed. There may be two relevant markets in anticompetitive analyses: the Product market and the geographic market. It is Determined by examining in which market an Undertaking can raise prices above the competitive Level without being unprofitable. Reliance damages compensation for losses incurred by The plaintiff due to his dependence on the contract Being performed Remaindermen person who is entitled to what is left of an Estate after the life tenant dies and the parts of the Estate that are handed down in his will are carved out Remedy means of preventing, redressing or Compensating a violation of a right Respondent see defendant Restitution damages compensation which is equal to the Amount of money the breaching party received under The breached contract Right interest that is recognised and protected by law Right of fair use (US) defence to a claim of copyright Infringement whereby permission from the artist is not required so long as usage of that artist's work is Reasonable and limited (UK The concept of fair Dealing is the closest equivalent; however, fair dealing Is more restrictive than the US doctrine of fair use And in order to be protected, the use has to fall in One of several categories.) Rights issue offer to existing shareholders to purchase Additional new shares in the company Salaried partner person who is a member of the law firm Partnership and is paid by regular salary payments Sale of Goods Act (UK) Act governing the sale of goods In the United Kingdom Sale of substantially all assets form of acquisition Whereby all or almost all assets and liabilities of a Company are sold Sale by sample sale by which the seller provides an Example of the goods to the buyer which then leads to Date: 2015-12-11; view: 796
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