Tortfeasor

In civil law, a tort is an intentional or negligent act, a civil wrong, as opposed to a criminal act, which causes harm to another. The term tortfeasor refers to the person who commits such a wrongful act, for which the law allows the injured party to seek restitution or recompense. To explore this concept, consider the following tortfeasor definition. […]

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EIN

An “EIN” is an Employer Identification Number, also known as a “Federal Employer Identification Number,” (“FEIN”), or a “Tax Identification Number” (“TIN”). In the United States, an EIN is the business and corporate equivalent to the Social Security number. EINs are issued to any person, business, or other entity that pays employee withholding taxes. To explore this concept, consider the […]

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Discrimination in the Workplace

Discrimination in the workplace takes place when an employer discriminates against an employee in relation to work-related decisions, including such issues as hiring, firing, promotions, and availability of benefits. There are federal and state laws in place to protect employees from discrimination in the workplace. To explore this concept, consider the following discrimination in the workplace definition. Definition of Discrimination […]

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Subrogation

Subrogation refers to substitution of one person into another’s place in regards to a legal right, demand, or other lawful claim. The individual who takes another’s place by subrogation incurs the rights of the original party in the matter. Subrogation is most commonly seen in insurance claims, where an insurance company, having made payment to its insured, steps into the […]

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Contract Law

Contract law is a body of law that governs, enforces, and interprets agreements related to an exchange of goods, services, properties, or money. According to contract law, an agreement made between two or more people or business entities, in which there is a promise to do something in return for a gain or advantage, is legally binding. Contract law is […]

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