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Most Popular Legal Definitions
broker
in general, a person who arranges contracts between a buyer and seller for a
commission
power of attorney
A document which gives a person the right to
make binding decisions for another.
true bill
The written decision of a Grand Jury that it has
heard sufficient evidence from the prosecution to believe that an accused person
probably committed a crime and should be indicted. Thus, the indictment is sent
to the court.
ancillary administration
administration of an estate's assets in another
state, example; if J. Doe dies in Montana and leaves a parcel of land in
downtown Columbus, Ohio there must be ancillary administration in Ohio to obtain
court approval and tax agency clearance; ancillary means "aiding" or
"subordinate"
unlawful
Referring to any action which is in violation of a statue, federal or state
constitution, or established legal precedents.
and
the word is important in law, particularly when compared to or; most commonly it
determines if one or both owners have to sign documents
employment standards
Minimum employee rights extended for work within
the relevant jurisdiction
accounts payable
bills that are owed
joint tenancy
When two or more people are equal owners of a property
sole proprietorship
A business by a single individual which is not
formally organized and for which the individual and the business are
indistinguishable in law.