Business Judgment - Law Dictionary Search Results
Registrar, or Registrary
Registrar, or Registrary, an officer whose business is to write and keep a register; as the Registrars of the Chancery Division of the High Court, … up the orders of the Court (see (English) R. S. C. Ord. LXII.; Dan. Ch. Pr.; Seton on Judgments); the Registrar of a County Court under s. 1 of the (English) County Courts Act, 1924. See now
Wages
by a master to be paid to a servant, or any other person hired to do work or business for him. An infant can recover wages up to 100l. in the country Court, by s. 77 of … if he were of full age. Wages of any 'servant, labourer, or workman' cannot be attached to satisfy judgments, (English) Wages Attachment Abolition Act, 1870 (33 & 34 Vict. c. 30). Seamen have a lien on the
liability
being subject to criminal sanctions [the criminal liability of an accomplice] enterprise liability : liability imposed on a business enterprise esp. for on-the-job injuries to employees ;specif : liability imposed on defendants who are all members of … identified joint and several liability : joint liability imposed on joint tortfeasors that allows enforcement of the entire judgment against any one of the tortfeasors NOTE: In some jurisdictions, joint and several liability remains despite adoption of
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Supreme Court of Judicature
rules of law; district registries were established in various parts of the country for the transaction of litigious business up to actual trial; counter-claims, and the power of a defendant to bring in 'third parties,' were introduced; … (see IVISIONS); the Court of Appeal received juris-diction to hear, with a few specified exceptions, appeals from any judgment or order of the High Court; power was given to each division to administer law and equity concurrently,
interest
performance of an obligation [the creditor had a security interest in the inventory and accounts receivable of the business] called also Article Nine security interest see also attach, perfect, purchase money security interest in this entry NOTE: … or judicial means without any agreement providing for security (as in the case of a tax lien or judgment lien), a security interest and lien may inhere in the same claim, as when a mortgage comprises both
Insurance
the risk being in either case diffused amongst a number of persons. Companies formed for carrying on this business have generally a large subscribed but uncalled capital, so as to enable them to raise large sums to … and other casualties; and, in general, all such information as may be supposed of importance towards guiding the judgments of the underwriters. These accounts are regularly filed, and are accessible to all the subscribers. The principal arrivals
Debt
or a financial institution or by a consortium of banks or financial institutions during the course of any business activity undertaken by the bank or the financial institution or the consortium under any law for the time … for an ascertained sum of money and includes a debt payable in kind, but does not include a judgment debt. [Interest Act, 1978 (14 of 1978), s. 2 (c)] The word 'debt' is used in the order/notice
sale
conditional sale in this entry bulk sale : a sale not in the ordinary course of the seller's business of more than half of the seller's inventory called also bulk transfer NOTE: Article 6 of the Uniform … paid off compare absolute sale in this entry execution sale : a sale carried out to execute a judgment under authority of a judicial officer (as a court clerk) but not by court order forced sale :
bond
bond : performance bond in this entry contract bond : a bond given to protect a person or business entity against loss caused by a breach of a contract (as for building, construction, or supply) cost bond … a bond given by a defendant in order to have an attachment released that ensures payment of a judgment awarded to the plaintiff bail bond : a bond given by a criminal defendant or by his or
bar
courtroom that encloses the area around the judge where prisoners are stationed in criminal cases or where the business of the court is transacted in civil cases compare bench, dock, jury box, stand b : court tribunal … act as a bar to (as a claim or action) [liberative prescription s actions "Louisiana Civil Code"] [final judgment barred the subsequent claim] b : to prevent (a party) from bringing a claim or action [plaintiffs are
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