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Self Dealing - Law Dictionary Search Results

Home Dictionary Name: self dealing

self-dealing

self-dealing : engagement in a transaction that is intended primarily to benefit one's self or the narrow interests of a few (as corporate insiders) rather than those to whom one owes a duty by virtue of one's position [ by a trustee] self-dealing adj ...


Self-dealing

Self-dealing, means the participation in a transaction that benefits oneself instead of another who is owed a fiduciary duty, Black's Law Dictionary, 7th Edn., p. 1364...


fair dealing

fair dealing : the transacting of business in a manner characterized by candor and full disclosure and free of self-dealing ;specif : such transacting undertaken by a corporate officer on his or her own behalf ...


Concerned in or dealing with goods

Concerned in or dealing with goods, The words 'concerned in' mean 'interested in, involved in, mixed up with' while the words 'deal with' mean 'to have something to do with, to concern one-self, to treat, to make arrangement, to negotiate with respect to something', Assistant Collector of Customs v. Sitaram Agarwala, AIR 1966 SC 955: (1966) 2 SCR 1. (Customs Act, 1962, ss. 135, 111, 112)...


disclosure

disclosure : an act or instance of disclosing: as a : a lender's revelation of information to a consumer under the Truth in Lending Act that enables the consumer to make an intelligent decision about the loan b : the revelation to investors of financial information about a corporation or municipality and about the security it is offering for sale see also prospectus, registration statement NOTE: Disclosure is required for a public offering. c : revelation by a corporate insider (as an officer) for approval of a business transaction that involves self-dealing d : a debtor in bankruptcy's revelation to creditors of a bankruptcy plan ...


duty

duty pl: du·ties [Anglo-French deuté indebtedness, obligation, from deu owing, due, from Old French see due ] 1 : tasks, service, or functions that arise from one's position [performing a police officer's duties] ;also : a period of being on duty see also jury duty 2 : an obligation assumed (as by contract) or imposed by law to conduct oneself in conformance with a certain standard or to act in a particular way [ of good faith] [a to warn of danger] see also public duty doctrine, special duty doctrine duty of can·dor [-kan-dər] : a duty obligating directors of a corporation to disclose all material facts known to them about a transaction when they are seeking shareholder approval duty of care : a duty to use due care toward others in order to protect them from unnecessary risk of harm duty of fair representation : a duty obligating a labor union to represent the employees in its collective bargaining unit fairly and in good faith duty of loy·al·t...


course of dealing

course of dealing :the conduct of parties to a business deal during past business deals that may be used as a basis for understanding each other's expressions and conduct during the current deal compare course of performance, usage of trade ...


self-insure

self-insure : to insure by self-insurance (as in workers' compensation) [an employer wishing to its liability "Pennsylvania Statutes"] vi : to use self-insurance [a governmental agency that s] self-in·sur·er n ...


Self acting

Acting of or by ones self or by itself said especially of a machine or mechanism which is made to perform of or for itself what is usually done by human agency automatic as a self acting feed apparatus a self acting mule a self acting press...


Self government

The act of governing ones self or the state of being governed by ones self self control self command...


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