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Business Law I

Teacher: me
Make rules or laws to control
Record of how well you pay your bills
Tangible, movable, valuable.
All elements that constitute legal ownership
One who pays for goods or services
Act of collecting
Defines what is and is not allowed
To express indirectly
An offer of a bid for a contract
Someone who buys or leases goods or services
Right or acceptable
Inflicting or involving punishment
The act of buying, selling, or exchanging goods or services
A choice or possibility
A law enacted by the legislative branch of government
Work performed
Where rule does not apply
Amount expected or owed
A moral or legal obligation
Possibility of loss