Professional Documents
Culture Documents
5.
Bargain – Something bought at a price considerably less than what it would normally cost,also known
as a deal
Consideration - is the benefit that each party receives, or expects to receive, when entering into a
contract.
Rape – is a crime in which sexual intercourse is committed without consent, through force, threats, or
fearful intimidation. In most jurisdictions, the actual crime of rape requires actual sexual penetration.
Negligence - is derived from the Latin word negligentia, which means ‘failing to pick up’. In the general
sense, the term negligence means the act of being careless and in the legal sense, it signifies the failure
to exercise a standard of care which the doer as a reasonable man should have exercised in a particular
situation.
Partnership - is a legal arrangement that allows two or more people to share responsibility for a
business. Those partners share the ownership and profits, but they also share the work, responsibility,
and potential losses.
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