| A | B |
| Civil law | a complete set of rules enacted as a single written system or code |
| Common law | legal system based on decisions made by prior cases |
| Statutory law | laws created by a body of lawmakers |
| Liability | a legal term referring to all responsibility, duties, or obligations |
| Product liability | responsibility of safe products |
| Negligence | failure to be responsible |
| World Intellectual Property Organization | coordinates international treaties to protect patents, trademarks, and other intellectual property |
| Patents | Grant of an exclusive right of an inventor to make, sell, and use a product or process. |
| Trademarks | Distinctive name, symbol, word, picture, used by a business to identity its products or services |
| Copyrights | a legal right that protects the original works or authors music composers, playwrights, artists, and publishers |
| Capacity | Capable of making a contract |
| Mutual agreement | both parties agree |
| Consideration | both parties put something into the contract |
| Legal purpose | a reason for the contract |
| Litigation | Going to court to solve the issues. |