The Law Dictionary for Everyone
The taking of something of value, whether money or property, from someone through the use or threat of physical force is considered to be robbery. Robbery differs from the crime of burglary in that the victim must have suffered physical harm, or the fear of being harmed. While most people think robbery is a crime committed by bank robbers and […]
Read moreEarnest money is a term used to refer to an amount of money given by a buyer to a seller to demonstrate the buyer’s good faith in the transaction. Most commonly used in real estate transactions, earnest money may be used to allow the buyer more time to seek financing, or come up with the rest of the money. Unlike […]
Read moreAlso referred to as “undercutting,” predatory pricing refers to a strategy undertaken by a company intended to drive competition out of business by offering its goods or services at a price far below the market rate. Even those who many be considering opening a new competing business in the area, if unable to meet and sustain equally low prices, often […]
Read moreIn law, restitution is often ordered by a court in order to achieve fairness, preventing the unjust enrichment of one party to a civil lawsuit. In addition, restitution is often ordered in criminal sentencing, requiring the defendant to make monetary amends, or perform some act that benefits the victim of the crime, or the public in general. Restitution in a […]
Read moreThe Perfect Tender rule is a term that refers to the legal right a buyer to insist that the goods purchased conform precisely to the product description in quality, quantity, and manner of delivery. If the goods fail to conform to the description, the buyer may legally reject the goods offered. The Perfect Tender Rule applies even when there is […]
Read moreThe Occupational Safety and Health Administration (“OSHA”) is a federal agency within the United States Department of Labor. OSHA was established under the Occupational Safety and Health Act enacted by President Richard Nixon in 1970. OSHA is responsible for insuring that workers are afforded a certain level of workplace safety through training, outreach, and education. Additionally, OSHA enforces the safety […]
Read moreThe primary federal law that governs health and safety practices in both governmental industries and the private sector, the Occupational Safety and Health Act works to ensure that all employers keep their employees safe in the workplace. Conditions dictated by the Act include, among other things, toxic chemicals, damaging noise levels, and excessive weather conditions. The Act is outlined in […]
Read moreSentencing guidelines provide a system for handing down uniform or consistent sentences for similar crimes in various jurisdictions. Created by the United States Sentencing Commission to be incorporated in each state’s criminal code, sentencing guidelines help eliminate confusion among judges in determining the proper punishment for a person convicted of a crime. Sentencing guidelines take into consideration the nature of […]
Read moreMalpractice occurs when a member of any profession acts with negligence or incompetence in dealing with a patient or client. The most common type of malpractice relates to the medical field when a doctor fails to give a patient the degree of care that another doctor of similar skill would give in a similar situation. Legal malpractice refers to the […]
Read moreMoney Laundering meaning in law Money laundering is a term used to describe a scheme in which criminals try to disguise the identity, original ownership, and destination of money that they have obtained through criminal conduct. The laundering is done with the intention of making it seem that the proceeds have come from a legitimate source. A simpler definition of […]
Read more