Examlex
In this dialogue Berkeley defends his belief that only ideas exist. "To be is to be perceived"-to be is to be an idea in a mind-and hence matter existing apart from the mind does not exist. In this dialogue Hylas (from the Greek word for "matter") debates with Philonous (from the Greek "love of mind"). The unique thing about Berkeley's idealism is that unlike traditional idealism (e.g., Plato's), it is not rationalistic. Berkeley does not propose that ideas exist independently but rather assumes an empirical foundation. He agrees with Locke that all ideas originate in sense experience and proceeds to show that all we ever experience are ideas. The only reality that exists to be known is perceivers and perceptions. To hold all of this ideal reality together one must posit a Divine mind that perceives us and hence causes our existence as ideas in the Divine's mind.
-Hobbes uses the term Leviathan to refer to democratic government.
Maximum Interest Rate
The highest rate of interest that can be charged on loans or credit, often regulated by law to prevent usury.
Business Tort
A wrongful act, other than a breach of contract, that results in injury or damage to another's business interests.
Implied-In-Fact Contract
A contract formed by the actions and circumstances of the parties involved, rather than written or spoken words.
Licensing Statute
Legislation that specifies the requirements and conditions for obtaining a professional or business license to legally operate.
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