STANDARD OF PROOF

The burden of proof required to win a case. … [Read more...] about STANDARD OF PROOF

The measure of care that a reasonable person should exercise under the circumstances. A person who does not meet the standard of care is potentially liable for an act of negligence. … [Read more...] about STANDARD OF CARE

Tax; A taxpayer is granted the option to choose a fixed amount as a deduction instead of itemizing their deductions. The amount of the standard deduction is determined by several factors including how many dependents are claimed by the taxpayer, the taxpayer's filing status and age. … [Read more...] about STANDARD DEDUCTION

A contract that is commonly used or is standardized within an industry. May also refer to boilerplate terms which are fixed terms and conditions that are not subject to change. The fine print; see also an adhesion contract. … [Read more...] about STANDARD CONTRACT

(A) in war. An ensign or flag used in war. (B) measure. A weight or measure of certain dimensions, to which all other weights and measures must correspond; as, a standard bushel. Also the quality of certain metals, to which all others of the same kind ought to be made to conform; as, standard gold, standard silver. Vide Dollar; Eagle; Money. … [Read more...] about STANDARD