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  • Legal Terms

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    Aizhan
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    This document provides a list of basic legal terms divided into three sections to know for a law and economics lecture, including terms related to common law, lawsuits, crimes, contracts, torts, parties in a civil lawsuit, and economic concepts like supply, demand, and efficiency. It introduces foundational vocabulary for understanding the intersection of law and economics.

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    Law and Economics

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    This document provides a list of basic legal terms divided into three sections to know for a law and economics lecture, including terms related to common law, lawsuits, crimes, contracts, torts, parties in a civil lawsuit, and economic concepts like supply, demand, and efficiency. It introduces foundational vocabulary for understanding the intersection of law and economics.

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    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
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    9 views4 pages

    Legal Terms

    Uploaded by

    Aizhan
    This document provides a list of basic legal terms divided into three sections to know for a law and economics lecture, including terms related to common law, lawsuits, crimes, contracts, torts, parties in a civil lawsuit, and economic concepts like supply, demand, and efficiency. It introduces foundational vocabulary for understanding the intersection of law and economics.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    LAW &

    ECONOMICS
    Lecture 1

    Basic legal terms to know


    Common law
    Jurisdiction
    Authority
    Dispute
    Remedy
    Relief
    Unlawful

    Lawsuit
    Equity
    Verdict
    Evidence
    Enforcement
    Damages (money)
    Illegal

    Basic legal terms to know


    2
    Tort
    Contract
    Crime
    Criminal
    Criminal law
    Punishment
    Sanction

    Deterrence
    Liability
    Tortious conduct
    Incentive
    Negligence
    Nuisance
    Civil Law

    Basic terms to know 3


    Plaintiff
    Defendant
    Compensation
    Terms and conditions
    Breach

    Demand
    Supply
    Efficiency
    Equilibrium

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