South Carolina Code > Title 27 > Chapter 47 > Article 5 – Resident’s Obligations
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Terms Used In South Carolina Code > Title 27 > Chapter 47 > Article 5 - Resident's Obligations
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
- Plaintiff: The person who files the complaint in a civil lawsuit.
- Verdict: The decision of a petit jury or a judge.
- Writ: A formal written command, issued from the court, requiring the performance of a specific act.