Examlex
Using more credit than can be repaid is a primary cause of individual bankruptcies.
Foreseeability Test
A legal principle used to determine if the harm caused was reasonably predictable as a consequence of an action or omission, impacting liability.
Contributory Negligence
Contributory negligence is a legal concept that can reduce or eliminate the plaintiff's right to recover damages if it is found that the plaintiff's own negligence contributed to the harm suffered.
Actual Damages
A sum of money equal to the real financial loss suffered by an injured party. Also called compensatory damages.
Damages
A monetary compensation awarded by a court to a person who has suffered loss or harm due to the unlawful act or negligence of another.
Q3: Dividend payments change directly with changes in
Q12: Because of the active secondary market for
Q29: Describe three types of risk associated with
Q36: Which of the following legal forms of
Q39: Using more credit than can be repaid
Q41: Financial institutions loan funds at _ they
Q64: High net cash flow with fixed risk
Q84: Which of the following is an example
Q91: A credit score of _ would normally
Q112: Deposits at commercial banks are insured up