Legal terms starting with N

Failure to exercise reasonable care that results in harm to another person.

A false statement made without reasonable care for its truth, causing harm to the other party.

The closest living relative or relatives of a deceased person, determined by law.

A divorce granted without requiring either spouse to prove wrongdoing by the other.

Something of minimal or token value exchanged to make a contract legally binding.

A tiny amount awarded when a breach occurred but caused no real financial harm.

A contract clause restricting an employee from working for competitors or starting a competing business after leaving.

A contract provision restricting one party from competing in the same business or industry for a set time and location.

A standalone contract in which one or both parties promise to keep shared information confidential.

A failure to perform a contract term that is minor and doesn't substantially harm the other party's benefit.

Property that passes to beneficiaries outside the probate process, bypassing court involvement.

A contract provision preventing one party from recruiting or doing business with the other party's employees or customers.

A word's meaning is shaped by the words around it in a contract or document.

A formal written communication required by a contract to inform the other party of something important.

Replacing an old contract with a new one, with all parties' agreement.