Examlex
Which of the following laws was NOT enacted for the purpose of legislating business ethics?
Case Law
The collection of legal interpretations made by judges. They are considered to be law unless otherwise revoked by a statutory law. Also known as common law.
Quasi-contract
An obligation imposed by law to prevent unjust enrichment, where there is no actual contract between the parties.
Fair Market Value
Refers to the price at which an asset would trade in a competitive auction setting, reflecting its value in the eyes of both buyer and seller.
Damages
Compensation sought by or awarded to a party in a lawsuit for losses or injuries incurred due to another party's actions or negligence.
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