Search Results for: BUSINESS AGENT

power of attorney

power of attorney. 1. An instrument granting someone authority to act as agent or attorney-in-fact for the grantor. • An ordinary power of attorney is revocable and automatically terminates upon the death or incapacity of the principal. — Also termed letter of attorney. [Cases: Principal and Agent 51.] 2. The authority so granted; specif., the […]

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bribery

bribery, n. The corrupt payment, receipt, or solicitation of a private favor for official action. • Bribery is a felony in most jurisdictions. See Model Penal Code § 240. 1. Cf. KICKBACK. [Cases: Bribery 1. C.J.S. Bribery §§ 2–3, 5–8, 10–11.] — bribe, vb. “If money has been corruptly paid and corruptly received, for the

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picketing

picketing. The demonstration by one or more persons outside a business or organization to protest the entity’s activities or policies and to pressure the entity to meet the protesters’ demands; esp., an employees’ demonstration aimed at publicizing a labor dispute and influencing the public to withhold business from the employer. • Picketing is usu. considered

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source

source, n. The originator or primary agent of an act, circumstance, or result ( she was the source of the information) (the side business was the source of income).

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master and servant

master and servant. The relation between two persons, one of whom (the master) has authority over the other (the servant), with the power to direct the time, manner, and place of the services. • This relationship is similar to that of principal and agent, but that terminology applies to employments in which the employee has

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adjuster

adjuster. One appointed to ascertain, arrange, or settle a matter; esp., an independent agent or employee of an insurance company who negotiates and settles claims against the insurer. — Also termed claims adjuster. [Cases: Insurance 3222. C.J.S. Insurance §§ 1343–1344.] independent adjuster. An adjuster who solicits business from more than one insurance company; one who

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novelty

novelty. 1. Trade secrets. The newness of information that is generally unused or unknown and that gives its owner a competitive advantage in a business field. • In the law of trade secrets, novelty does not require independent conception or even originality. A rediscovered technique with marketable applications can qualify as a novelty and be

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family purpose rule

family-purpose rule. Torts. The principle that a vehicle’s owner is liable for injuries or damage caused by a family member’s negligent driving. • Many states have abolished this rule. — Also termed family-purpose doctrine; family-automobile doctrine; family-car doctrine. Cf. GUEST STATUTE. [Cases: Automobiles 195(5). C.J.S. Motor Vehicles § 843.] “A number of jurisdictions have adopted

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door closing statute

door-closing statute. A state law closing or denying access to local courts unless a plaintiff meets specified conditions; esp., a statute requiring a foreign corporation to “qualify” before doing business in the state, including registering with the secretary of state, paying a fee or tax, and appointing an agent to receive service of process. [Cases:

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