Exam: GMAT (Verbal)

Definition: The process of forming a cartel, which is a group of businesses or organizations that work together to control prices and limit competition.

Example: The cartelization of the industry led to higher prices for consumers.

Definition: To create or organize a group of businesses or organizations that work together to control prices and limit competition.

Example: The companies decided to cartelize their operations to increase profits.

Definition: A person who gives a warning or notice about something, especially in legal contexts.

Example: The caveator filed a notice to prevent the sale of the property until the dispute was resolved.

Definition: To complain or argue about something that is not important or to make petty objections.

Example: She tends to cavil at the smallest details in the report.

Definition: A small or unimportant complaint or criticism about something.

Example: His cavil about the report was unnecessary and distracted from the main issues.

Definition: To argue or raise objections about something that is not important or to find small faults in something.

Example: She tends to cavil at the details of the project instead of focusing on the bigger picture.

Definition: Having received official recognition or approval for meeting certain standards or qualifications.

Example: She is a certified teacher, which means she has met all the necessary requirements to teach.

Definition: To have officially recognized or confirmed that something meets certain standards or qualifications.

Example: She is a certified teacher, which means she has met all the necessary requirements to teach.

Definition: A legal order from a higher court to a lower court to send up the records of a case for review.

Example: The Supreme Court issued a certiorari to review the lower court's decision.

Definition: A person who leads a meeting or organization, often responsible for making decisions and guiding discussions.

Example: The chairperson called the meeting to order and introduced the agenda.

Definition: Relating to a legal practice where a person helps another party in a lawsuit in exchange for a share of the proceeds.

Example: The lawyer's champertous agreement raised ethical concerns about the fairness of the case.

Definition: The behavior or practice of someone who pretends to have knowledge or skills that they do not actually possess, often to deceive others.

Example: His charlatanry was exposed when he failed to answer basic questions about his supposed expertise.

Definition: An item of personal property that can be moved, such as furniture or livestock, but not including real estate like land or buildings.

Example: The farmer sold his chattel at the market to make some extra money.