An account that a member maintains at a credit union and that can be drawn on through the use of share drafts payable to third parties. • A share-draft account operates much like a checking account operates at a bank. — Also termed share account. [Cases: Building and Loan Associations 40. C.J.S. Building and Loan […]
share draft account Read More »
gifting club. A type of pyramid scheme or Ponzi scheme in which recruits make “gifts” of money to other club members with the expectation that future recruits will make “gifts” to the present recruits. • Many gifting clubs limit membership to women. Club leaders usu. try to evade income-tax laws by claiming that the money
Morgan presumption. A presumption that shifts the burden of proof by requiring the person against whom it operates to produce sufficient evidence to outweigh the evidence that supports the presumed fact, as in requiring a criminal defendant who was arrested while in possession of an illegal substance — and is thereby presumed to have knowingly
morgan presumption Read More »
审计 英语：audit/auditing 法语：contrôle de comptabilité d’une société, vérification de comptes, audit 德语：Wirtschaftsprüfung, Finanzprüfung 意大利语：revisione contabile 西班牙语：intervención de cuentas, auritoria
合同一般条件 英语：general conditions of contract 法语：conditions générales 德语：AGB (allgemeine Geschäftsbedingungen) 意大利语：condizioni generali di contratto, di vendita 西班牙语：condiciones generales
公司名称 英语：business name 法语：raison sociale 德语：Gesellschaftsname, Firma, Firmenname 意大利语：denominazione della società, ditta 西班牙语：razón social, nombre comercial
motion for summary judgment. A request that the court enter judgment without a trial because there is no genuine issue of material fact to be decided by a fact-finder — that is, because the evidence is legally insufficient to support a verdict in the nonmovant’s favor. • In federal court and in most state courts,
motion for summary judgment Read More »
reporter. 1. A person responsible for making and publishing a report; esp., a lawyer-consultant who prepares drafts of official or semi-official writings such as court rules or Restatements (the reporter to the Advisory Committee on Bankruptcy Rules explained the various amendments). [Cases: Reports 3. C.J.S. Reports §§ 10–13.] 2. REPORTER OF DECISIONS. 3. REPORT (3)
Goods that are normally used in more than one jurisdiction (such as shipping containers and road-construction machinery) and that are held by the debtor as equipment or leased by the debtor to others. • Under previous drafts of the Uniform Commercial Code, the procedure for perfecting a security interest in mobile goods was generally defined