Examlex
Suppose your community is considering using public money to build a new sports stadium for the team that is already in the community but is likely to leave without a new stadium. Suppose you are watching a news broadcast in which the supporters are saying that it will enhance economic activity because of the increase in restaurant activity that will occur around the new stadium. Now suppose you hear that an independent economist is going to appear during the next segment. It is likely she will say
Justifiable Expectations
Legitimate anticipations or assumptions made by a party in a contract, protected by law.
Revocation of Authority
The act of canceling or withdrawing the power or rights previously granted to an agent or representative.
Negligent Hiring
A legal claim made against an employer for hiring an individual they either knew or should have known was likely to pose a risk of harm to others, based on their background or qualifications.
Legally Insolvent
The condition of being unable to pay debts as they fall due or having liabilities that exceed the value of assets.
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