The Law Dictionary

BY THE BYE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Eng. law. A declaration may be filed without a new process or writ, when the defendant is in court in another case, by the plaintiff in that case having filed common bail for him; the declaration thus filed is called a declaration by the bye. … [Read more...]

BUSINESS HOURS

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Those hours of the day during which, in a given community, commercial, banking, professional, public, or other kinds of business are ordinarily carried on. This phrase is declared to mean not the time during which a principal requires an employee's services, but the business hours of the community generally. Derosia v. Railroad Co., 18 Minn. 133, (Gil. 119.) … [Read more...]

BUTTS AND BOUNDS

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

This phrase is used to express the ends and boundaries of an estate. The word butt, being evidently derived from the, French bout, the end; and bounds, from boundary. … [Read more...]

BUSINESS JUDGMENT RULE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A rule that immunizes corporate executives from liability concerning their decisions when those decisions are made in good faith, with due care and in the best interests of the corporation. … [Read more...]

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