Commercial Law Crossword Puzzle

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Commercial Law Crossword Puzzle

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QUESTIONS LIST:

  • dissolution: act or process of terminating a business.
  • fraud: an intentional perversion of truth for the purpose of inducing another.
  • yellowstone: injunctive relief sought in action brought which asks the court to declare that the tenant is not in default.
  • offer: a proposal constituting specific terms for one party to enter into an agreement with another party.
  • business tort: a non-contractual breach of a legal duty by a commercial entity directly resulting in damages or injury to another.
  • partnership: a business owned by more than one person that is not organized as a corporation.
  • assets: property of all kinds, tangible and intangible.
  • fiduciary duty: obligation to act for someone else's benefit, not one's own.
  • shareholder: a person who owns stocks in a corporation.
  • trade secret: a proprietary compilation of information used in a business to obtain an advantage over competitors.
  • restrictive covenant: clause which limits a contracted employee from performing similar work.
  • acceptance: an agreement to the specific terms of an offer.
  • misrepresentation: any manifestation by words or other conduct by one person to another that is not in accordance with the facts.
  • corporation: an artificial person or legal entity created by or under the laws of a state.
  • consideration: something of benefit to the person who has the obligation or who makes a promise to do something or something detrimental to the person who wants to enforce the obligation, or who has the benefit of the promise.
  • ucc: n.y. guide to the sale of commercial business transactions, including the sale of goods between parties.
  • breach: failure without legal excuse to perform a promise.
  • derivative action: lawsuit by a shareolder to enforce a corporate cause of action.
  • securities: documents that represent a share in a copmpany or a debt owed by a company or government entity.
  • privilege log: used to identify the document where a party makes the express claim of privilege and the description of what is being withheld.
  • special master:a private individual appointed by a court to carry out an express directive on its or the parties’ behalf in a pending action.
  • adr: process by which a mediator or arbitrator is engaged to achieve a resolution.