BLAW Extra Credit Exam Questions With
Complete Solutions
Stare Decisis CORRECT ANSWERS A common law doctrine under which judges are
obligated to follow the precedents established in prior decisions
Respondeat Superior CORRECT ANSWERS A doctrine under which a principal or an
employer is held liable for the wrongful acts committed by agents or employees while
acting within the course and scope of their agency or employment
Dispute CORRECT ANSWERS a disagreement, argument, or debate
Trade Secret CORRECT ANSWERS A formula, device, idea, process, or other
information used in a business that gives the owner a competitive advantage in the
marketplace
Mitigation (of damages) CORRECT ANSWERS A rule requiring a plaintiff to do
whatever is reasonable to minimize the damages caused by the defendant
Trademark CORRECT ANSWERS A distinctive word, symbol, or design that identifies
the manufacturer as the source of particular goods and distinguishes its products from
those made or sold by others
Out-of-Court Settlement CORRECT ANSWERS workouts; an out-of-court agreement
between a debtor and creditors that establishes a payment plan for discharging the
debtor's debts
Arbitration CORRECT ANSWERS the settling of a dispute by submitting it to a
disinterested third party (other than a court), who renders a decision
Mediation CORRECT ANSWERS A method of settling disputes outside the courts by
using the services of a neutral third party, who acts as a communicating agent between
the parties and assists them in negotiation a settlement
Special CORRECT ANSWERS
Hedonic CORRECT ANSWERS relating to or considered in terms of pleasant (or
unpleasant) sensations (adj)
Reputation CORRECT ANSWERS (goodwill) in the business context, the valuable
reputation of a business viewed as an intangible asset
Right to Privacy CORRECT ANSWERS
Complete Solutions
Stare Decisis CORRECT ANSWERS A common law doctrine under which judges are
obligated to follow the precedents established in prior decisions
Respondeat Superior CORRECT ANSWERS A doctrine under which a principal or an
employer is held liable for the wrongful acts committed by agents or employees while
acting within the course and scope of their agency or employment
Dispute CORRECT ANSWERS a disagreement, argument, or debate
Trade Secret CORRECT ANSWERS A formula, device, idea, process, or other
information used in a business that gives the owner a competitive advantage in the
marketplace
Mitigation (of damages) CORRECT ANSWERS A rule requiring a plaintiff to do
whatever is reasonable to minimize the damages caused by the defendant
Trademark CORRECT ANSWERS A distinctive word, symbol, or design that identifies
the manufacturer as the source of particular goods and distinguishes its products from
those made or sold by others
Out-of-Court Settlement CORRECT ANSWERS workouts; an out-of-court agreement
between a debtor and creditors that establishes a payment plan for discharging the
debtor's debts
Arbitration CORRECT ANSWERS the settling of a dispute by submitting it to a
disinterested third party (other than a court), who renders a decision
Mediation CORRECT ANSWERS A method of settling disputes outside the courts by
using the services of a neutral third party, who acts as a communicating agent between
the parties and assists them in negotiation a settlement
Special CORRECT ANSWERS
Hedonic CORRECT ANSWERS relating to or considered in terms of pleasant (or
unpleasant) sensations (adj)
Reputation CORRECT ANSWERS (goodwill) in the business context, the valuable
reputation of a business viewed as an intangible asset
Right to Privacy CORRECT ANSWERS
