F4 - Corporate Law Flashcards
Terms : Hide Images [1]
10359095655 | Common law | A legal system based on custom and court rulings | 0 | |
10359095656 | Equity | Fairness | 1 | |
10359095657 | Overriding principles of common law | Comprehensibility & certainty | 2 | |
10359287564 | Common law remedy | Damages | 3 | |
10359287565 | Specific performance | A legal action to compel a party to carry out the terms of a contract. | 4 | |
10359287566 | Injunction | An order which legally prevents something | 5 | |
10359287567 | Recission | An action to undo a contract and restore to prior terms | 6 | |
10359287568 | Rectification | The act of correcting or adjusting something | 7 | |
10359287569 | Ratio decidendi | The court's reasoning for its decision. | 8 | |
10359287570 | Obiter dicta | Other things said such as example or speculation | 9 |