Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Equal Credit Opportunity Act
A federal statute prohibiting a creditor from discriminating against an applicant on the basis of race, color, religion, national origin, age, sex, or marital status with respect to any aspect of a credit transaction. 15 USCA ยงยง 1691 et seq.
Equal Employment Opportunity Commission
A federal agency created under the Civil Rights Act of 1964 to end discriminatory employment practices and to promote nondiscrim- inatory employment programs.( The EEOC investigates alleged discriminatory employment practices and encourages mediation and other nonlitigious means of resolving employment disputes. A claimant is required to file a charge of discrimination with the EEOC before pursuing a claim under Title VII of the Civil Rights Act and certain other employment-related statutes. - Abbr. EEOC.
Opportunity
The fact that the alleged doer of an act was present at the time and place of the act.
corporate-opportunity doctrine
The rule that a corporation's directors, officers, and employees are precluded from using information gained as such to take personal advantage of any business opportunities that the corporation has an expectancy right or property interest in, or that in fairness should otherwise belong to the corporation. ( In a partnership, the analogous principle is the firm-opportunity doctrine.
equal-opportunity employer
An employer who agrees not to discriminate against any job applicarit or employee on the basis of race, color, religion, sex, natural origin, age, or disability. - Abbr. EOE.
firm-opportunity doctrine
See CORPORATE-OPPORTUNITY DOCTRINE.
last-opportunity doctrine
See LAST-CLEAR. CHANCE DOCTRINE.
opportunity cost
The cost of acquiring an asset measured by the value of an alternative investment that is forgone <her opportunity cost of $1,000 in equipment was her consequent inability to invest that money in bonds>. - Also termed implicit cost.
opportunity cost.
See COST (1).
opportunity to be heard
The chance to appear in a court or other tribunal and present evidence and argument before being deprived of a right by governmental authority. ( The opportunity to be heard is a fundamental requirement of procedural due process. It ordinarily includes the right to receive fair notice of the hearing, to secure the assistance of counsel, and to cross-examine adverse witnesses. See procedural due process under DUE PROCESS.