MORTUARY LAW AND BUSINESS LAW 6

Joint and Several contract

A contract in which two or more persons are bound both jointly and individually is known as a

Felony

A crime usually punishable by death or incarceration in a penitentiary for more than one year is a

Negligence

Failure to exercise reasonable care toward another party is known as

Courts of original general jurisdiction

For the average citizen, the most important courts of the state court system are the

Antitrust Laws

Laws designed to prevent one individual or group from controlling too large a share of the market for product are called

Malpractice

The failure to perform with ability and care normally exercised by people in the profession is known as

Jurisdiction

The power of authority which each court has to hear cases is called

Clerk

The recorder in state and federal courts is the

Several contract

A contract in which two or more people individually agree to perform the same obligation is called a

Punitive

Damages in excess of those required to compensate the plaintiff for the wrong done are

Quasi-property Theory

With regard to the dead human body, the courts have adopted a

Whole Life

A life insurance policy which continues until the death of the insured is

Silent Partner

A partner who takes no active part in the management of the business, but who possibly may be known as a partner is a

Trading Partnership

A partnership engaged in the buying and selling of merchandise is a/an

Limited Partnership

A partnership in which one partner's liability is limited to a capital contribution only is a

Crime

A punishable offense against society is defined as a

The title and the item are transferred upon completion of the transaction

A sale is different from a contract to sell in that in a sale

From a previous contract

Accord and satisfaction is an agreement made and executed in satisfaction of the rights one has

Replevin

An action to recover possession of property unlawfully detained is termed

Private Corporations

Corporations formed by individuals to perform some non-governmental function are called

Juvenile Court

Courts concerned with delinquent, dependent, and neglected children is called

Domestic Relations Courts

Courts that handle divorce and child custody cases are known as

Special Federal Courts

Courts that have exclusive jurisdiction of bankruptcy matters, claims against the United States, and patent and copyright cases are defined as

Makers

Persons who sign a promissory note and obligate themselves to pay at maturity are called the