BLAW 3201 : BLAW Quiz 1 Terms
Document Summary
Duty: a legal obligation requiring a person to perform or refrain from performing an act. Common law system: a system of law first developed in england that relies on the judiciary as a source of law and on the adversary system for settling disputes. Criminal law: the law establishing duties which, if violated, constitute a wrong against the entire community. Maxim: a general legal principle formulated by equity courts. Rescission: an equitable remedy invalidating a contract by setting it aside. Utilitarianism: theory that moral actions are those that produce the greatest net pleasure compared with net pain. Specific performance: a court order directing a party to perform a contractual duty. Ethical relativism: theory that actions must be judged by what individuals subjectively feel is right or wrong for themselves. Reformation: an equitable remedy rewriting a contract to conform to the original intent of the parties.
