the term that is given tom the people who are responsible for keeping the peace such as sheriffs and the police.

Company that involves itself in the business of law. Lawyers that work together under a specific firm name, may only focuses on certain kinds of law, deal with various general […]

See LAW. Citationes non concedantur priusquam exprimatur super qua re fieri debet citatio. Citations should not be granted before it is stated about what matter the citation is to be […]

Rules on agreements, oral and written, agency relationships, commercial paper , employment, and business organizations as a governing body of law.

These are the terms that will govern the size of a verdict or award.

Typical effect seen that lower prices stimulate demand and higher prices dampen it. Observation that, as a general rule, the demand for a product varies inversely with its price. Contrast […]

A product’s demand by a consumer declines with each additional unit acquired or consumed. A perceived, psychological generalization on the value of, or satisfaction gained.

Economic concept: Increase one production factor, such as the number of workers, for example, leaving other factors, such as machines and workspace, for example, as is, output will lessen as […]

Behavioral observation: behavior, regardless how varied, is chosen for the expected outcome, be it satisfying, painful, rewarding, or losing. Pleasant outcomes brings repeated behavior. Unpleasant outcomes are less likely to […]

the term that is given to the total of the principles and rules that govern the presentation of evidence in a legal matter.

Observation: Increasing production costs are an economic reality when a company changes its product line to take advantage of some economic opportunity . This is caused by inefficiencies in retooling […]

The rule showing the expected outcome or mean of an asset.

These are the terms that are applied to the laws that are based on the nature of man. See natural law .

Purchasing power doctrine preaching parity where the real purchasing power of different currencies trends to equalize differing inflation rate in the respective countries, forcing a similar price in each country […]

Economic concept that optimization brings an increase in returns from a manufacturing operation. A change in the proportion of production factors can push toward the optimum or away from it. […]

Biased judgment assuming that a small number of observations or data points can predict outcome from a larger sample population. Also refer to law of large numbers .

Statistical observation that any anomaly can be discovered by comparing different or larger samples if the samples from a large group of the test population trend to the group’s characteristics. […]

the term applied to the doctrine that states that when a point of law is decided by a court, then the decision is binding in all subsequent stages of the […]

The collection of traditions, customs, statutes, usages, and laws of a country that apply to everyone, including the government, under the jurisdiction of its courts. Also refer to legal system […]

Entity rights on the high seas; part of international law .

That conflicts be resolved based on the facts of the situation. Human relations school of management concept. Rejects references to relative superiority of any party over the other. Oddly promotes […]

These are the names given to laws that allow people to recover damages for injuries.

the term given to a person who shares a law practice with an equal or unequal share.

the name of the magazine that is published by every law school and contains articles of interest to law students.

the term given to the learning establishment where people study to be attorneys.