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F4 - Corporate Law Flashcards

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10359095655Common lawA legal system based on custom and court rulings0
10359095656EquityFairness1
10359095657Overriding principles of common lawComprehensibility & certainty2
10359287564Common law remedyDamages3
10359287565Specific performanceA legal action to compel a party to carry out the terms of a contract.4
10359287566InjunctionAn order which legally prevents something5
10359287567RecissionAn action to undo a contract and restore to prior terms6
10359287568RectificationThe act of correcting or adjusting something7
10359287569Ratio decidendiThe court's reasoning for its decision.8
10359287570Obiter dictaOther things said such as example or speculation9
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