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BANKRUPTCY COURT

by Law Professor

The federal court system exclusively handles bankruptcy cases and there are federal Bankruptcy Courts established in every federal district of each state. A petitioner files within the district where he or she resides or works. … [Read more...] about BANKRUPTCY COURT

BANNS

by Law Professor

See Bans of Matrimony. … [Read more...] about BANNS

BARGAIN

by Law Professor

Contracts; Refers to the negotiation, satisfaction and mutual agreement of a valid and binding contract, e.g. the party is entitled to the benefits of the bargain. Law Dictionary - Alternative Legal Definition A mutual undertaking, contract, or agreement. A contract or agreement between two parties, the one to sell goods or lands, and the other to buy them. Hunt v. Adams, 5 … [Read more...] about BARGAIN

BARONAGE

by Law Professor

In English law. The collective body of the barons, or of the nobility at large. Spelman. … [Read more...] about BARONAGE

BALANCE

by Law Professor

The amount remaining due from one person to another on a settlement of the accounts involving their mutual dealings; the difference between the two sides (debit and credit) of an account. A balance is the conclusion or result of the debit and credit sides of an account. It implies mutual dealings, and the existence of debt and credit, without which there could be no balance. … [Read more...] about BALANCE

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