Examlex
Recording a customer's payment is represented on a data flow diagram as a:
Negligence
A failure to act with the care that a reasonably prudent person would exercise under the same circumstances, often leading to liability for resulting damages.
Privity of Contract
The principle that a contract confers rights and imposes liabilities only on its parties; no outsider can gain rights or be liable under it.
Novation
The process of replacing an existing obligation with a new one, substituting a party or terms in a contract with the consent of all parties involved.
Rules of Interpretation
Guidelines and principles used to determine the meaning and intention of legal texts and statutory provisions.
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