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Dereliction of duty is a military offense that means willfully refusing or failing to perform one's duties. It can result in various punishments, including the death penalty in times of war. Learn the definition, elements, examples and cases of dereliction of duty.
A letter of credit (LC) is a payment mechanism used in international trade to provide an economic guarantee from a bank to an exporter. Learn about the history, terminology, and process of LCs, as well as their advantages and disadvantages.
A goodwill letter is a formal request to a creditor to remove or adjust a negative item on your credit report due to a one-time hardship. Learn when and how to write an effective goodwill letter ...
The Fair and Accurate Credit Transactions Act of 2003 (FACT Act) is a federal law that amends the Fair Credit Reporting Act and provides consumers with free credit reports, fraud alerts, and other protections. It also regulates the use and sharing of medical information in the financial system and the disposal of consumer information.
Learn about the official message from the FDA to a manufacturer or other organization that has violated some rule in a federally regulated activity. Find out the elements, impact, and response instructions of an FDA warning letter.
A complaint is a formal legal document that sets out the facts and legal reasons for a claim against a defendant. Learn about the structure, types, and procedures of complaints in different jurisdictions and courts.
Product liability is the legal responsibility of manufacturers, distributors, and sellers for injuries caused by their products. Learn about the origins, development, and variations of product liability law in different countries, especially the United States and the European Union.
An omission is a failure to act, which may give rise to liability in criminal or tort law depending on the circumstances and the duty of the defendant. Learn about the common law and statutory rules, the tests for duty and culpability, and the examples of omission cases.