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WorksheetsGiai thich -Business Law - Essential words
Total questions: 175
Worksheet time: 1hrs 28mins
Money claimed by someone as compensation for harm done.
commit
judicial
innocent
damages
To send someone to prison or to a court.
arrest
convict
commit
breach
An adjective referring to a judge or to the law.
judicial
innocent
offence
dispute
Not guilty of a crime.
offence
claimant
innocent
injunction
Any act which is not legal.
innocent
offence
settlement
defense
A person who has studied law and can act for people on legal business.
judge
prosecutor
juror
lawyer
A disagreement or argument between parties.
dispute
prosecution
bind
conviction
A specialist court outside the judicial system which examines special problems.
damages
tribunal
settlement
defense
A set of arguments or facts put forward by one side in a legal proceeding.
hearing
prosecute
case
contract
An official who presides over a court.
lawyer
judge
prosecutor
jury
To make an allegation in legal proceedings.
dispute
plead
settle
convict
Someone who is accused of a crime in a criminal case.
plaintiff
prosecute
contract
defendant
A person who makes a claim against someone in a civil court.
defendant
settler
claimant
juror
An agreement reached after an argument.
commitment
innocent
settlement
contract
To hold someone legally so as to charge them with a crime.
waive
arrest
appeal
accuse
A case which is being heard by a committee, tribunal or court of law.
hearing
prosecuting
binding
fining
To find that someone is guilty of a crime.
plead
convict
breach
appeal
Failure to carry out the terms of an agreement.
dispute
breach
evidence
injunction
To bring someone to court to answer a criminal charge.
dispute
plead
arrest
prosecute
To ask a high law court to change its decision or sentence.
breach
prosecute
appeal
accuse
To say that someone has committed a crime.
plead
convict
appeal
accuse
Having the legal ability to force someone to do something.
binding
disputing
binding
breaching
An adjective referring to the rights and duties of private persons or organizations.
property
commercial
civil
criminal
The arguments used when fighting a case.
testimony
prosecution
evidence
defense
A legal agreement between two or more parties.
settlement
negotiation
contract
minute
An adjective referring to crime.
criminal
impartial
unbiased
accountable
A group of 12 citizens who decide whether or not someone is guilty in a trial.
lawyer
judge
prosecutor
jury
A written or spoken statement of facts which helps to prove or disprove something at a trial.
damages
evidences
witnesses
injunctions
To order someone to pay money as a punishment.
fine
fire
sack
dismiss
A court order telling someone to stop doing something, or not to do something.
settlement
prosecute
evidence
injunction
responsible for what had happened
valid
impartial
accountable
intangible
being acceptable because it is true or relevant
pecuniary
unprecedented
void
valid
not biased or prejudiced
gross
impartial
deductible
insolvent
difficult to value as it does not exist physically
intangible
insolvent
fiduciary
admissible
financial
admissible
pecuniary
unanimous
eligible
not having happened before
fiduciary
admissible
unprecedented
unanimous
not having any legal effect
valid
impartial
intangible
void
referring to evidence which a court will allow to be used
deductible
admissible
insolvent
fiduciary
where everyone votes in the same way
unanimous
irreconcilable
gross
deductible
able or allowed to do something
pecuniary
eligible
unprecedented
void
very strong, so that it is not possible for two sides to reach an agreement
admissible
unanimous
irreconcilable
eligible
serious
valid
gross
impartial
intangible
able to be removed
admissible
unanimous
deductible
eligible
not able to pay debts
unprecedented
void
admissible
insolvent
acting as trustee for someone else, or being in a position of trust
fiduciary
accountable
valid
impartial
referring to jobs and work
mandatory
exempt
occupational
negotiable
obligatory or necessary according to the law or rules
corporate
open-ended
litigious
mandatory
not required to pay, or not covered by law
exempt
negotiable
verbatim
unconditional
able to be changed by discussion
material
nominal
corporate
negotiable
50. in the exact words a. unconditional b. fraudulent c. verbatim d. feasible
unconditional
fraudulent
verbatim
feasible
51. with no conditions attached a. fraudulent b. unconditional c. feasible d. redundant
fraudulent
unconditional
feasible
redundant
52. not honest, aiming to deceive people for financial gain a. feasible b. redundant c. fraudulent d. habitual
feasible
redundant
fraudulent
habitual
53. possible or practical a. habitual b. solvent c. material d. feasible
habitual
solvent
material
feasible
54. no longer needed or valid a. redundant b. occupational c. mandatory d. exempt
redundant
occupational
mandatory
exempt
55. doing something repeatedly a. negotiable b. verbatim c. habitual d. unconditional
negotiable
verbatim
habitual
unconditional
56. having enough money to pay debts a. material b. solvent c. nominal d. corporate
material
solvent
nominal
corporate
57. important or relevant a. mandatory b. exempt c. negotiable d. material
mandatory
exempt
negotiable
material
58. a very small amount a. litigious b. nominal c. occupational d. mandatory
litigious
nominal
occupational
mandatory
59. referring to a company a. corporate b. fraudulent c. feasible d. redundant
corporate
fraudulent
feasible
redundant
60. with no fixed period, or with some items not specified a. litigious b. occupational c. mandatory d. open-ended
litigious
occupational
mandatory
open-ended
61. very willing to bring a lawsuit against someone to settle a disagreement a. negotiable b. verbatim c. litigious d. unconditional
negotiable
verbatim
litigious
unconditional
62. to pay for loss or damage suffered. a. indemnify b. undertake c. adjudicate d. liquidate
indemnify
undertake
adjudicate
liquidate
63. to promise to do something. a. compensate b. undertake c. adjudicate d. liquidate
compensate
undertake
adjudicate
liquidate
64. to give a judgement between two parties. a. elapse b. disclose c. invalidate d. adjudicate
elapse
disclose
invalidate
adjudicate
65. to sell assets or stock to raise cash. a. entitled b. mediate c. liquidate d. drafted
entitled
mediate
liquidate
drafted
66. to have or give someone the right to do something. a. liquidate b. entitled c. invalidate d. grant
liquidate
entitled
invalidate
grant
67. to try to make two sides in an argument come to an agreement. a. adjudicate b. mediate c. elapse d. grant
adjudicate
mediate
elapse
grant
68. to make a first rough plan of a document such as a contract. a. undertake b. draft c. appoint d. ban
undertake
draft
appoint
ban
69. to choose someone for a job. a. entitle b. draft c. appoint d. disclose
entitle
draft
appoint
disclose
70. of time: to pass a. undertake b. adjudicate c. elapse d. defraud
undertake
adjudicate
elapse
defraud
71. to trick someone so as to obtain money or goods illegally. a. draft b. appoint c. elapse d. defraud
draft
appoint
elapse
defraud
72. to tell details. a. draft b. appoint c. disclose d. defraud
draft
appoint
disclose
defraud
73. to forbid something, or make it illegal. a. ban b. elapse c. defraud d. disclose
ban
elapse
defraud
disclose
74. to make something no longer valid. a. defraud b. invalidate c. disclose d. ban
defraud
invalidate
disclose
ban
75. to say that something is not necessary. a. draft b. appoint c. elapse d. waive
draft
appoint
elapse
waive
76. to agree to give someone something, or to allow someone to do something. a. ban b. invalidate c. waive d. grant
ban
invalidate
waive
grant
77. to approve officially something that has already been decided. a. infringe b. certify c. vest d. ratify
infringe
certify
vest
ratify
78. to put goods, people or a company on a list of those that you will not deal with. a. exempt b. wind up c. blacklist d. allege
exempt
wind up
blacklist
allege
79. to fail to carry out the terms of a contract, especially to fail to pay back a debt. a. default b. infringe c. exempt d. allege
default
infringe
exempt
allege
80. to take possession of a property because the owner cannot repay money he / she has borrowed using the property as security. a. ratify b. blacklist c. foreclose d. dispute
ratify
blacklist
foreclose
dispute
81. to argue against something; to say that something is not correct. a. claim b. dispute c. infringe d. wind up
claim
dispute
infringe
wind up
82. to decide the amount of money to be given to someone. a. ratify b. blacklist c. award d. wind up
ratify
blacklist
award
wind up
83. to agree with a company that they will do all or part of the work for a project. a. subcontract b. infringe c. certify d. exempt
subcontract
infringe
certify
exempt
84. to make a product in the same way as another product which has been patented, and not pay royalties. a. ratify b. blacklist c. infringe d. foreclose
ratify
blacklist
infringe
foreclose
85. to make an official declaration in writing. a. award b. subcontract c. infringe d. certify
award
subcontract
infringe
certify
86. to free someone from having to pay tax. a. infringe b. certify c. exempt d. wind in
infringe
certify
exempt
wind in
87. to put a company into liquidation. a. blacklist b. award c. wind up d. vest
blacklist
award
wind up
vest
to state, usually in giving evidence, that something has happened or is true.
blacklist
foreclose
allege
infringe
to accept a rule or follow a custom.
abide by
foreclose
subcontract
exempt
to transfer to someone the legal ownership and possession of land or a right.
ratify
certify
allege
vest
to ask for money.
dispute
infringe
claim
strike
to ask for or try to do something.
ratify
infringe
seek
allege
to stop working because there is no agreement with management.
blacklist
dispute
allege
strike
to allow someone to use a building in return for money.
claim
seek
strike
let
When pieces of broken glass were found in some of its food products, the company was held ............ .
eligible
accountable
valid
intangible
When he was asked to explain his actions, he had no ............ explanations.
valid
admissible
fiduciary
unprecedented
The sacked workers claimed unfair dismissal, and demanded a fair and ............ hearing.
irreconcilable
unanimous
gross
impartial
Goodwill is one of a company's ............ assets, and as such it cannot be declared as part of the company's capital.
deductible
intangible
insolvent
pecuniary
He was accused of trying to obtain a ............ advantage by getting involved in insider dealing.
pecuniary
irreconcilable
unanimous
gross
At the trial, the judge took the ............ step of asking the claimant to remove his shirt. (not having happened before)
accountable
void
unprecedented
impartial
The company solicitor examined the contract very carefully, and eventually declared it ............ .
intangible
void
irreconcilable
deductible
The documents produced were not considered relevant to the case and were therefore not ............ .
fiduciary
deductible
admissible
pecuniary
The magazine was acquitted of libel when the jury returned a ............ verdict of 'not guilty'.
unanimous
eligible
intangible
impartial
All shareholders are ............ to vote at the Annual General Meeting. (able or allowed to do something)
admissible
accountable
deductible
eligible
The judge accepted that Mr. Johnson could not go back to work in the same company because of ............ differences of opinion between him and the Directors.
accountable
irreconcilable
unprecedented
unanimous
The rail company was accused of ............ negligence by failing to ensure passengers' safety. (serious)
gross
valid
fiduciary
pecuniary
Interest charges are tax ............ so we haven't made as much as we had hoped. (able to be removed)
admissible
unprecedented
deductible
intangible
After a terrible year, during which it lost almost £8 million, the company was declared ............ . (not able to pay debts)
eligible
accountable
deductible
insolvent
A company director has a ............ duty to the company he works for and the people who work there.
admissible
fiduciary
deductible
impartial
Because of the recent phenomenon of the 'compensation culture', claims for .............. accidents have almost doubled in the last ten years.
occupational
corporate
open-ended
litigious
So many complaints about the company's behavior were reported that a .............. injunction was imposed ordering them to cease trading
negotiable
feasible
solvent
mandatory
Some special savings accounts are popular with small businesses because the interest paid is .............. from tax. (not required to pay, or not covered by law)
verbatim
exempt
fraudulent
redundant
The terms of the contract are .............. up to the moment it is signed.
negotiable
occupational
unconditional
habitual
The claimant produced a .............. transcript of the conversation he had had with the defendant.
solvent
nominal
litigious
verbatim
On the claimant's application for summary judgement, the defendant was given .............. leave to defend himself.
negotiable
material
unconditional
open-ended
The company was accused of making a .............. insurance claim by exaggerating the value of the goods it had lost.
fraudulent
redundant
material
corporate
Technically we can sue the company for breach of contract, although this is not really a .............. option.
mandatory
feasible
verbatim
nominal
New legislation has made Clause 6b of the contract .............. .
redundant
occupational
mandatory
negotiable
.............. breaches of safety regulations are being investigated by the Health and Safety Officer.
Mandatory
Exempt
Feasible
Habitual
When he bought the company, it was barely .............. but he turned it into one of the most successful organizations in the country.
verbatim
fraudulent
solvent
nominal
The lawsuit against the organization was dropped because there was not enough .............. .............. evidence.
material
verbatim
nominal
litigious
We were expecting to receive a big fine, but in the event we were ordered to pay only .............. damages.
mandatory
verbatim
nominal
solvent
The issues of .............. responsibility at local, national and international levels have been receiving a lot of coverage in the press.
exempt
corporate
feasible
redundant
The contract is .............. although there is an initial probationary period.
occupational
open-ended
feasible
solvent
Be careful what you say: some companies are extremely .............. .
verbatim
fraudulent
litigious
redundant
A person who is appointed to deal with financial or other matters on behalf of another person.
nominee
tortfeasor
ombudsman
guarantor
A license to trade using a brand name and paying a royalty for it.
franchise
breach
liquidation
goodwill
An official who investigates complaints by the public against government departments or other large organizations (especially banks, travel companies, and electricity, gas, water and telecommunications providers).
franchise
ombudsman
guarantor
tortfeasor
Somebody who gives a guarantee.
franchise
ombudsman
guarantor
tortfeasor
A failure to carry out the terms of an agreement, a contract, etc.
acceptance
perjury
compensation
breach
One of the main conditions of a contract, where one party agrees to what is proposed by the other party. Also the act of signing a bill of exchange to show that you agree to pay for it.
compensation
acceptance
mediation
debenture
The notifiable offence of telling lies when you have made an oath to say what is true in court.
breach
compensation
perjury
acceptance
Somebody who has committed a civil wrong to somebody, entitling the victim to claim damages.
franchisee
ombudsman
guarantor
tortfeasor
A payment made by a person or company to cover the cost of damage or hardship which he / she / it has caused.
damages
liability
compensation
negligence
An attempt by a third party to make the two sides in an argument agree.
acceptance
mediation
debenture
liquidation
A document in which a company acknowledges it owes a debt and gives the company's assets as security.
debenture
liquidation
damages
liability
The closing of a company and the selling of its assets.
acceptance
mediation
debenture
liquidation
Money claimed by a claimant from a defendant because of harm or damage done, or money awarded by a court to a claimant as a result of harm suffered by the claimant (Clue: this word has already appeared elsewhere in this exercise).
liquidation
damages
liability
compensation
The legal responsibility for paying someone for loss or damage incurred.
damages
liability
compensation
negligence
A failure to give proper care to something, especially a duty or responsibility, with the result that a person or property is harmed.
compensation
negligence
goodwill
injunction
The good reputation of a business and its contacts with its customers (for example, the name of the product it sells or its popular appeal to customers).
franchise
negligence
goodwill
injunction
A court order telling a person or a company to stop doing something, or telling them not to do it in the first place.
goodwill
injunction
debenture
liquidation
The airline will ........... passengers for lost luggage to the value of £500.
indemnify
undertakes
adjudicate
liquidate
The company ........... to provide quality service at a competitive cost.
compensates
undertakes
adjudicates
liquidates
The tribunal will ........... the claim and award damages where necessary.
elapse
disclose
invalidated
adjudicate
In order to raise enough money for its new venture, the company decided to ........... some of its assets.
entitled
mediate
liquidate
drafted
All of our employees are ........... to four weeks' holiday a year.
liquidated
entitled
invalidated
granted
A neutral party was called in to ........... between the manager and his staff.
adjudicate
mediate
elapse
grant
The contract is still being ..........., but we expect it to be ready for signing early next week.
undertook
drafted
appointed
banned
A lot of people were unhappy when he was ........... to the post of Managing Director.
entitled
drafted
appointed
disclosed
We must allow sufficient time to ........... before we make a claim.
undertake
adjudicate
elapse
defraud
The company has been accused of trying to ........... customers
draft
appoint
elapse
defraud
The paper has no right to ........... the details of our agreement.
drafted
appointed
disclose
defraud
A court injunction has ........... the company from trading in the area.
banned
elapsed
defrauded
disclose
Because a new company has taken over, the contract has been ........... .
defrauded
invalidated
disclosed
banned
In view of the inconvenience we have caused, we are willing to ........... all payments due.
draft
appoint
elapse
waive
The local authority ........... the company an interest-free loan to start up the new factory.
banned
invalidated
waived
granted
The plan has to be ........... by the board before it can be put into operation.
infringed
certified
vested
ratified
After he was accused of insider dealing, his firm was ........... by the government.
exempted
wound up
blacklisted
alleged
Penalties will be applied if you ........... on your repayments.
default
infringe
exempt
allege
When the company was unable to repay the loan, the bank ........... on its premises.
ratified
blacklisted
foreclosed
disputed
The case might last longer than we expected, because the defendant is ........... the claim.
claiming
disputing
infringed
winding out
The judge ................. compensatory damages to the claimant.
ratified
blacklisted
awarded
wound up
The company assured us it would do all the work itself, but it ........... part of the job to a local firm.
subcontracted
infringed
certified
exempted
The court was unable to decide whether the patent had been ........... .
ratified
blacklisted
infringed
foreclosed
The document has been ........... as a true copy.
awarded
subcontracted
infringed
certified
Non-profit organizations will be ........... from tax.
infringed
certified
exempted
wound up
The court ordered the company to be ........... .
blacklisted
awarded
wound up
vested
The claimant ........... that the article was an infringement of his copyright.
blacklisted
foreclosed
alleged
infringed
The company did not ........... the terms of the agreement.
abide by
foreclose
subcontract
exempt
On liquidation, the firm's property was ........... in the bank.
ratified
certified
alleged
vested
We are ........... £5,000 as compensation from our suppliers.
disputing
infringing
claiming
striking
Mr. and Mrs. Douglas' solicitor advised them to ........... an injunction against the magazine in the High Court.
ratify
infringe
seek
allege
Workers are allowed to ........... in protest against bad working conditions.
blacklisted
dispute
allege
strike
The company owns several apartments, which it ........... to private tenants.
claims
seeks
strikes
lets
