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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...] about BUSINESS JUDGMENT RULE

BUTTY

by Law Professor

A local term in the north of England, for the associate or deputy of another ; also of things used in common. … [Read more...] about BUTTY

BYE-BILL-WUFFA

by Law Professor

In Hindu law. A deed of mortgage or conditional sale. … [Read more...] about BYE-BILL-WUFFA

BUSINESS LICENSE

by Law Professor

A license or permit to carry on a business which is issued by government. This may be also referred to as a tax registration certificate. … [Read more...] about BUSINESS LICENSE

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