Category: Business Law
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Common Carrier
A carrier who undertakes to carry for hire all persons or goods for all persons without any discrimination. See Semon v Royal Indem. Co., (D. C.La.) 179 F. Supp. 403.
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Common Carrier
A carrier who undertakes to carry for hire all persons or goods for all persons without any discrimination. See Semon v Royal Indem. Co., (D. C.La.) 179 F. Supp. 403.
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Franchise
Legal Definition and Related Resources of Franchise Meaning of Franchise In commercial usage , the term denotes some right , privilege , license or monopoly granted to a person called the franchise holder to enable him to carry on some business […]
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Dividend
Legal Definition and Related Resources of Dividend Meaning of Dividend A fund which is to be divided. A number or quantity which is to be divided by another. A sum of money to be divided among a number of persons especially the total sum payable […]
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Dividend
Legal Definition and Related Resources of Dividend Meaning of Dividend A fund which is to be divided. A number or quantity which is to be divided by another. A sum of money to be divided among a number of persons especially the total sum payable […]
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Antitrust Laws
See also Legislation that forbids monopolistic trade practices and prohibits conspiracies and trusts that… (Read more)…
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Proxy
Legal Definition and Related Resources of Proxy Meaning of Proxy When a person entitled to vote at a meeting appoints another to take part in the meeting and vote in his place and stead, the person so appointed is called the proxy. Also, the […]
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Officer
Legal Definition and Related Resources of Officer Meaning of Officer The incumbent of an office ; one who is lawfully invested with an office Officer Alternative Definition The incumbent of an […]
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Close Corporation
This phrase has been variously defined to include relative paucity of shareholders and substantially identical control of ownership and management, but one common denominator is that shares have no ready market. Rogers Walla Walla Inc. v Ballard, 553 P.2d 1372, 16 Wash. App. 81.
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Common Stock
These are securities that represent equity ownership in a company. Common shares let an investor vote on such matters as the election of directors. They also give the holder a share in a company’s profits via dividend payments or the capital appreciation of the security….
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Foreign Corporation
See alsoA corporation (in U.S. law) … (Read more)…
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Par Value
In relation to the shares of a company , the term denotes the nominal value of the same.
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By-laws
Regulations, ordinances, rules or laws adopted by an municipality .
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Debenture
Usually an obligation of corporations or large moneyed co-partnerships, issued in a form convenient to be bought and sold as investments. An acknowledgment of a debt in nature of a bond or bill; a writing acknowledging a debt; it may either create a debt or acknowledge same. An […]
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Independent Contractor
The test which distinguishes an independent contractor from a servant or agent is the degree of control which the employer is entitled to exercise. An independent contractor is one who undertakes to produce a given result, but is not controlled by his employer as to the method by which he […]