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Shane took part in a memory experiment. As he studied a list of words he was to remember, he formed a vivid image of each object on the list. He was confident he would do well on the memory test, but instead of asking for the actual words, the researchers asked Shane whether each word was printed in italics or bold-faced type. Why did Shane do so poorly on the memory test?
Actual Damages
Compensation awarded to a plaintiff in a lawsuit for the direct and quantifiable losses suffered, such as medical expenses or lost earnings.
Writ Of Execution
is a court order that authorizes the seizure of assets from a debtor to satisfy a judgment.
Foreclosure Order
A legal directive which authorizes the sale of collateral upon borrowers' failure to pay back a loan.
Judicial Lien
A lien obtained by a creditor through court proceedings, securing the payment of a judgment by claiming the debtor's property until the debt is satisfied.
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