Business Law Vocabulary

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Law

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system of rules which a country or community recognizes as regulations of its members

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Business Law

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body of law which applies to the rights, relations and conduct of persons and businesses engaged in commerce, merchandising, trade and sales

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Business Lawsuit

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business dispute brought to a court of law for adjudication

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Pleadings

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initial papers filed by each party of the lawsuit

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Complaint

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document describing what the defendant did, or failed to do, which caused harm to the plaintiff

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Discovery

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period of time when parties gather relevant information from each other or from third parties

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Deposition

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method of obtaining information which occurs when witnesses are questioned under oath by the parties' attorneys

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Expert Witnesses

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authorities who can explain technical information or validate an argument

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Motion

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request to the court to issue an order

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Trial

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formal examination of evidence in a court