Examlex
Questions such as "Is an immediate decision needed?" and "Are members prepared to discuss the topic?" should be asked when determining the Meeting Planning Question "Why are we meeting?".
Down Payment
A sum of money paid upfront, typically a percentage of the total price, as part of the purchase price of a high-value good, like real estate or a vehicle, to secure the transaction.
Specific Performance
A court-ordered mandate in a contract dispute requiring the party who breached the agreement to fulfill the terms as originally agreed upon.
Compensatory Damages
Monetary compensation awarded to a plaintiff to cover actual losses, such as injury or damages, resulting from the defendant’s actions.
Nominal Damages
A small sum awarded by a court when a legal wrong has occurred, but where there was no substantial loss or injury to be compensated.
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