Examlex
If a wholesaler takes a 33.3 percent markup on selling price, what is the approximate markup on cost?
Minitrial
A simplified court process involving a short trial and an advisory verdict, often used to encourage settlement.
Non Obstante Veredicto
A legal term meaning "notwithstanding the verdict," used when a judge overturns a jury's decision or enters a judgment contrary to the jury's verdict.
Mens Rea
A legal principle that refers to the intent or knowledge of wrongdoing that constitutes part of a crime, as opposed to the action or conduct of the accused.
Demurrer
A legal challenge that objects to the sufficiency of a pleading without addressing the underlying facts.
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