Examlex
____ is a doctrine that holds that exports are good for a country, whereas imports are harmful.
Market Demand
The total quantity of a product or service that all consumers in a market are willing and able to purchase at different prices, over a specified period of time.
Affirmative Defense
A response to a plaintiff’s claim that does not deny the plaintiff’s facts but attacks the plaintiff’s legal right to bring an action. An example is the running of the statute of limitations.
Default Judgement
Default Judgement is a binding judgment in favor of either party based on some failure to take action by the other party, most often the failure to respond to a court summons.
Motion
A formal request made to a court for an order or ruling in favor of the applicant.
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