This refers to a corporation that usually privately owned and operated by a few persons, usually family members. This is as opposed to corporations owned by the public. State laws provide for less formalities for close corporations, such as shareholders being able to make decisions without a meeting of the board of directors and electing/appointing board members to empty seats … [Read more...] about CLOSE CORPORATION
C
CLUB
A voluntary, unincorporated association of persons for purposes of a social, literary, or political nature, or the like. A club is not a partnership. 2 Mees. & W. 172. The word "club" has no very definite meaning. Clubs are formed for all sorts of purposes, and there is no uniformity in their constitutions and rules. It is well known that clubs exist which limit the number … [Read more...] about CLUB
CLOSE ROLLS
or close writs, Eng. law. Writs containing, grants from the crown, to particular persons, and for particular purposes, and, not being intended for public inspection, are closed up and sealed on the outside, and for that reason called close writs ,in contradistinction. to grants relating to the public in general, which are left open and not sealed up, and are called letters … [Read more...] about CLOSE ROLLS
CLUB-LAW
Rule of violence; regulation by force; the law of arms. … [Read more...] about CLUB-LAW
CLEAN HANDS DOCTRINE
The legal principle that a person or a party that has acted in bad faith or fraudulently with regard to a dispute will be unable to use the court system to right a wrong that eventually they may face arising out of the same circumstances. For example, a car mechanic who did not have a license and failed to do a reasonably good job fixing a consumers car will not be able to use … [Read more...] about CLEAN HANDS DOCTRINE
