Examlex
The "Commerce Clause" was designed to guarantee that each state would recognize and accept other states' contracts and legal proceedings.
Reasonable Care
The degree of caution and concern an ordinarily prudent person would use in similar circumstances, often used as a standard for determining negligence.
Good Faith
An honest intention to act without taking an unfair advantage over another party.
Limit Liability
A legal principle or provision that caps the amount one can be held responsible for in case of damage or loss.
Stop-payment Order
A request made to a bank by an account holder not to pay a check or transaction previously authorized.
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