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Business Vocabulary
Corporate law
The Members have not been representatives of specific political or governmental ....., and they have all pursued the same objective, to draft the most appropriate contract rules for Europe.
a
interests
b
liaisons
c
platforms
d
wings
The Council and the Commission of the EU have been invited to prepare new procedural legislation in ..... border cases, in particular on those elements which are instrumental to a smooth judicial co-operation.
beyond
both
cross
over
In the nineteenth century, also known as the classical age of English contract law and the ..... of laissez-faire economic theory, common law rejected the moral theory of Lord Mansfield, which held that promises are a moral obligation.
eloquence
epitome
heyday
highlight
Certain promises that are not considered contracts may, in limited circumstances, be enforced if one party has relied to his ..... on the assurances of the other party.
deference
detraction
detriment
distress
The Law of Contracts is usually broadly classified either as part of the Law of Obligations or as part of the system of private law (which ..... contracts, property and torts).
circumscribes
delineates
encompasses
subtends
Normally, a mortgage is paid in ..... that include both interest and a payment on the principle amount that was borrowed.
increments
installments
premiums
portions
Most states, however, follow the lien theory, under which the legal title ..... with the mortgagor.
comes
remains
stands
tends
..... damages are awarded to punish a wrongdoer.
Penalty
Prohibitive
Provoked
Punitive
Since 1958, Sillitoe & Smith have been advisors to the Rule of Law Committee, a committee of legal representatives of American multinationals with an interest in monitoring, answering and ..... the important issues of public international law.
sealing
shaping
shoring
stalling
Sillitoe & Smith also have extensive institutional knowledge concerning and experience with the UN Convention on the Law of the Sea, which governs situations involving the sea floor and the ..... seas.
high
open
seven
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