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  What is a Case Bond?   A case bond occurs when a company or firm buys full or partial rights to the settlement of the lawsuit before or while litigation is still occurring.  Litigation is extremely expensive, and high-profile cases can have attorneys’ fees and court costs amount to hundreds of thousands of dollars.  The bond is offe..

A cashier's check is a specific type of check involving a guarantee by a bank. As a check, it falls under the rules of checks in general, meaning that it is a draft. Drafts have three parties involved: the drawer, who wrote the check; the drawee, who pays on the check; and the payee, to whom the check is payable. For all checks, the drawee is a bank. But for cashier's checks, t..

Charities and the LawA charity is a non-profit organization that works to benefit the public or accomplish some form of philanthropy. Charities can be either public or private foundations. When a charity (even if foreign) qualifies under the Internal Revenue code Section 501(c)(3), which makes them exempt from taxes, they are considered to be a private foundation. A privat..

A Chick Fil A franchise is different from most fast food franchise operations, and most franchises in general, in that very little upfront money is required in order to obtain the license to operate a Chick Fil A. The trade off for the low franchising cost, however, is that a Chick Fil A franchise owner is required to pay a substantially larger portion of their profits back to ..

Full Text of the Clayton Anti-Trust ActSec. 13. Discrimination in price, services, or facilities (§ 2 of the Clayton Act)(a) Price; selection of customersIt shall be unlawful for any person engaged in commerce, in the course of such commerce, either directly or indirectly, to discriminate in price between different purchasers of commodities of like grade and quality, where eit..

Although money market accounts and mutual funds are for the most part conservative capital investments, there are innate differences between the two financial instruments. The major difference between mutual funds and a money market account is the risk associated with them.Depending on the type of investment, a mutual fund carries varied risks. For instance, a mutual fund that ..

How the Law Handles Competition between BusinessesIn business, competition between sellers within an open marketplace is beneficial for both businesses and consumers. Competition not only keeps prices lower and raises quality, but it also provides more choices and more reason to be innovative. In order to maintain this sense of competition between sellers, the Federal Trade Com..

What is a Construction Company?Construction is directly tied into the fields of civil engineering and architecture. It is a process that consists of building an infrastructure. As a result of this role or procedural description, a construction company is responsible for building structures, in both the commercial and private sectors.A construction company pools together a varie..

Corporate FinanceOne of the primary concerns of any company is corporate finance. Whether a high power finance corporation or a corner store, the same corporate finance principles apply, although for the corner store the principles are technically known as managerial finance. Whether faced with high or low power finance, a corporation of all sizes has to be concerned with both ..

Corporate law is law which is specifically oriented on the legal properties, rights, and responsibilities of corporations. Corporate law is held by almost every major nation in the world, and often must span international boundaries in order to adequately deal with international corporations.Corporate law includes sections on all of the important entities within a corporation, ..

The definition of escrow, in its most basic sense, is that it is a form of assurance that the parties involved in a given transaction will actually uphold their ends of the transaction. This definition of escrow revolves around the conception of escrow as an agreement in which a third party agrees to pay money to one (or even both) of the two parties involved in the transaction..

Real estate laws differ by state because real estate is not protected by the Federal Government. Real estate is controlled by state laws first. Real estate laws are also determined by county and town laws. Laws vary so distinctively with real estate due to the fact of different zoning regulations. Along with zoning regulations, often land and property is protected by the s..

An accommodation party is a party attaching its name to a piece of commercial paper in order to lend credence to another party, such that the non-credible party will be validated in terms of that commercial paper. Commercial paper means any kind of written checks, drafts, or promissory notes. Many promissory notes are issued in the act of purchasing an object of great valu..

Business services are classified as businesses, companies, and/or firms that specialize in the assistance of business development. Although the business services industry is a broad one, there exist a number of finite and highly-specialized departments within its construct.Business services are hired by businesses for a variety of reasons, ranging from financial management to t..

The Dodd-Frank Act & Consumer Protection ActThe Dodd-Frank Act & Consumer Protection Act, or just the Dodd-Frank Act, is a federal statute that was passed into United States law and signed on July 21, 2010 but President Barack Obama. The point of passing the Dodd-Frank Act is for the act to create financial reform in result of the financial crisis that occurred between ..