Chapter 3 Vocab - Business Law

Chapter 3 Vocab - Business Law

Assessment

Flashcard

Business

10th Grade

Easy

Created by

Laura Dion

Used 2+ times

FREE Resource

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18 questions

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1.

FLASHCARD QUESTION

Front

To place a dispute before a court of law for resolution.

Back

litigate

2.

FLASHCARD QUESTION

Front

A third party brought into a dispute to develop a solution acceptable to both sides of the dispute. The actions of a mediator are not legally binding.

Back

mediator

3.

FLASHCARD QUESTION

Front

A third party, usually hired by both parties who holds an informal hearing to determine what occurred. An arbitrator’s decision is binding to both parties and can be enforced in court if necessary.

Back

arbitrator

4.

FLASHCARD QUESTION

Front

A governmental forum that administers justice under the law.

Back

court

5.

FLASHCARD QUESTION

Front

The first court to hear a dispute.

Back

trial court

6.

FLASHCARD QUESTION

Front

A decision in a court case.

Back

verdict

7.

FLASHCARD QUESTION

Front

The original power to decide a case.

Back

original jurisdiction

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