Burden of Proof

Burden of Proof
The burden of proof is the duty of a party in a trial to substantiate an allegation or issue to avoid dismissal or convince the court of the truth of a claim, essential in both civil and criminal lawsuits.
Res Ipsa Loquitur
Latin for 'the thing speaks for itself,' Res Ipsa Loquitur is a rule of evidence in tort law that allows for the presumption of negligence on the part of the defendant derived directly from the very nature of the accident.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.