Glossary Worksheet Part Two

Assault and Battery  
Assumption of Risk  
Caveat Emptor  
Comparative Negligence  
Contributory Negligence  
Disclaimers  
Exculpatory Clause  
Negligence  
Negligence Per Se  
Res Ipsa Loquitor  
Strict Liability in Tort  
Tort  
Warranty – Beneficiaries  
Warranty – Conformity to Description  
Warranty – Cumulation of Warranties  
Warranty – Express  
Warranty – Fitness for Particular Purpose  
Warranty – Implied  
Warranty – Merchantability  
   
Agency  
At Will Employment  
Commingling of Funds  
Conflict of Interest  
Employee  
Fiduciary Relationship  
Independent Contractor  
Principal – Disclosed  
Principal – Partially Disclosed  
Principal – Undisclosed  
Respondeat Superior  
Scope of Employment  
Stop and Frolic  
   
Bailee  
Bailor  
Bailment  
Bailment – Common Carriers  
Bailee’s Duty of Care  
Bailment – Sole Benefit to Bailee  
Bailment – Sole Benefit to Bailor  
Bailment – Mutual Benefit  
   
Board of Directors  
Corporate Dissolution  
Corporate Secretary  
Corporation – C  
Corporation – Closely Held  
Corporation – S  
   
Corporation – Right to Inspect Books  
Limited Liability Company  
Partnership – General  
Partnership – Limited  
Partnership – Limited Liability  
Personal Guarantee  
Personal Liability in Corporation  
Personal Liability in Partnership  
Personal Liability in Limited Partnership  
Personal Liability in Limited Liability Company  
Personal Liability in Sole Proprietorship  
Piercing the Corporate Veil  
Proxy  
Shareholders – Majority  
Shareholders – Minority  
Shareholders’ Derivative Suit  
Sole Proprietorship