An agreement that covers the ending for a relationship between two or more co-owners of a property or business. The agreement covers any restrictions over the sale of the departing partner's share such as who the share may be sold to, what price, whether there is a right for the other partners to purchase at the same price (right of first refusal) and the like. The agreement … [Read more...] about BUY-SELL AGREEMENT
B
BUS CARL
In Saxon and old English law. Seamen or marines. Spelman. … [Read more...] about BUS CARL
BUT FOR
A phrase used to determine whether the occurrence of a result was dependent upon another activity occurring (also known as proximate cause.) For example: But for the defendant's driving through a red light, the accident at the intersection would not have occurred. … [Read more...] about BUT FOR
BY
This word, when descriptively used in a grant, does not mean "in immediate contact with," but "near" to, the object to 1 which it relates; and "near" is a relative term, meaning, when used in land patents, very unequal and different distances. Wells 1 v. Mfg. Co., 48 N. H. 491. A contract to complete work by a certain time, means that it shall be done before that time. Rankin … [Read more...] about BY
Bus. Law.
Business Lawyer … [Read more...] about Bus. Law.