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Law

What Is The Meaning Of Contract?

  • Post category:Business/Law

Simple Definition: A contract is a legal agreement [a formal understanding that is enforceable by law] between two or more parties that outlines the terms and conditions [pecific details and…

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What Is The Meaning Of Corporation?

  • Post category:Business/Law

Simple Definition: A corporation is a type of business that is considered as a separate legal entity [an organization or person that has the ability to enter into contracts and…

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What Does The Rule Of Law Mean?

  • Post category:Law/Politics/Social Sciences

Simple Definition: The Rule of Law is a principle that states that everyone is subject to the law and that the law should be applied fairly and consistently [in a…

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Meaning Of Fiduciary Relationship

  • Post category:Business/Law

Simple Definition: A fiduciary relationship is a relationship of trust where one party (the fiduciary) is legally obligated to act in the best interest of another party (called the beneficiary),…

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Meaning Of Notarized

  • Post category:Law

Simple Definition: "Notarized" means to have a legal document officially verified by a notary public (a person authorized to perform certain legal formalities, such as witnessing signatures) who signs and…

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What Is The Meaning Of Indictment?

  • Post category:Law

Simple Definition: An indictment is a formal accusation of a crime made against a person by a grand jury. [Grand jury: a group of citizens who decide if there is…

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