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Corporate law (also known as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations.
The official 2007 edition of the UCC. The Uniform Commercial Code ( UCC ), first published in 1952, is one of a number of uniform acts that have been established as law with the goal of harmonizing the laws of sales and other commercial transactions across the United States through UCC adoption by all 50 states, the District of Columbia, and ...
Commercial law (or business law), which is also known by other names such as mercantile law or trade law depending on jurisdiction; is the body of law that applies to the rights, relations, and conduct of persons and organizations engaged in commercial and business activities.
L.Ed — Lawyers' Edition. L.Ed.2d — Lawyers 2nd Edition. LJ – Postnominals of a Lord or Lady Justice of Appeal (United Kingdom) LJJ – Postnominals of Lords or Ladies Justice of Appeal, plural (United Kingdom) LL.B. – Legum Baccalaureus — Bachelor of Laws. LLC — Limited liability company. LL.D. – Legum Doctor — Doctor of Law.
Under Dutch law an advertisement is in most cases an invitation to make an offer, rather than an offer. In line with the definition from Treitel above, to invite acceptance an offer must be serious. In this sense, an obvious joke cannot become the basis of an offer because the potential offeror lacks actual intent to enter into an exchange.
Bouvier's Law Dictionary. Bouvier's Law Dictionary is a set consisting of two or three books with a long tradition in the United States legal community. The first edition was written by John Bouvier . John Bouvier (1787–1851) was born in Codognan, France, [citation needed] but came to the United States at an early age.
t. e. In contract law and administrative law, delegation (Latin intercessio) is the act of giving another person the responsibility of carrying out the performance agreed to in a contract. Three parties are concerned with this act - the party who had incurred the obligation to perform under the contract is called the delegator; the party who ...
Disgorgement is the act of giving up something on demand or by legal compulsion, for example giving up profits that were obtained illegally. [1] In United States regulatory law, disgorgement is often a civil remedy imposed by some regulatory agencies to seize illegally obtained profits.
Business rules describe the operations, definitions and constraints that apply to an organization. Business rules can apply to people, processes, corporate behavior and computing systems in an organization, and are put in place to help the organization achieve its goals. [citation needed] For example, a business rule might state that no credit ...
Consideration is the central concept in the common law of contracts and is required, in most cases, for a contract to be enforceable. Consideration is the price one pays for another's promise. It can take a number of forms: money, property, a promise, the doing of an act, or even refraining from doing an act. In broad terms, if one agrees to do ...