commercial transactions

Battle & Sons Funeral Home v. Chambers

Battle & Sons Funeral Home v. Chambers, 63 Ohio Misc. 2d 441 (Ohio Mun. Ct. 1993), is a case in Ohio on what expenses are considered “necessary” for burial and the responsibility of the spouse to pay.

Facts

The...

BCRA

Overview:

The Bipartisan Campaign Reform Act (BCRA) was signed into law in March of 2002. On the same day that BCRA became official federal policy, Senator Mitch McConnell and the National Rifle Association (NRA) both filed complaints...

bearer paper

A bearer is an individual who is in possession of a negotiable instrument, document of title, or proof of security that is either payable to the person in possession (ie. payable to bearer) or endorsed in blank. These types of instruments are...

beneficial ownership

A beneficial ownership is a trust arrangement whereby the beneficial owner of a security has the power to vote on and influence decisions regarding that security, and receives the benefit afforded by the security, even though in street name...

beneficiary

A beneficiary is an individual who receives benefits from a transaction via a contract (such as an insurance policy), a will, or trust.

Wills and Trusts:

A beneficiary is an individual named in a will, revocable trust, or...

bilateral

Bilateral means two-sided and is frequently used to refer to agreements between two countries. For example, the United States and Australia have a Bilateral trade agreement limiting tariffs or other protectionist policies between the two...

bilateral contract

A bilateral contract is a contract in which both parties exchange promises to perform. One party’s promise serves as consideration for the promise of the other. As a result, each party is an obligor on that party’s own promise and an obligee on the...

bilateral investment treaty

Overview:

Bilateral investment treaties (or, BITs) are international agreements establishing the terms and conditions for private investment by nationals and companies of one country to another country.

The first...

bill

A bill is a formal or public writing or declaration of one’s claim against another:

A bill may be an equitable pleading of a claim in a court of equity. At early common law, a bill in equity was analogous to a declaration in law...

bill of exchange

A bill of exchange, a short-term negotiable instrument, is a signed, unconditional, written order binding one party to pay a fixed sum of money to another party on demand or at a predetermined date. A bill of exchange is sometimes called...

Pages