Legal Terms Flashcards A-B TOLES

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ABIDE BY

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To obey an order or rule.

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ABSTAIN

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To refrain from doing something, especially voting.

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ACCEPTANCE

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One of the required elements of a contract where one party agrees to what is offered by the other party.

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ACCRUE

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To accumulate something over a period of time, usually interest on a debt or savings.

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ACT OF GOD

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A natural disaster that no one could predict, like a hurricane or flood.

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ADJOURN

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To stop a meeting or court hearing for a break or to postpone it.

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ADVANCE

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To give someone money before they should receive it, or the name given to the money itself.

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ALLEGE

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To state that something has happened or is true, even if not yet proven.

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ARBITRATION

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The settling of a dispute by a third party.

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ARREARS

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Money that is owed but has not been paid on the agreed date.