A shareholder who owns greater than 50% of a company's outstanding shares. … [Read more...] about MAJORITY SHAREHOLDER
M
MALA GRAMMATICA NON VITIAT CHARTAM
Latin, meaning Bad grammar does not vitiate a deed. … [Read more...] about MALA GRAMMATICA NON VITIAT CHARTAM
MAGNUM CAPE
In old practice. Great or grand cape. 1 Reeve, Eng. Law, 418. See Gband Cape. … [Read more...] about MAGNUM CAPE
MAIL PHONE and ONLINE ORDER RULE
The Federal Trade Commission requires that a seller must ship goods ordered by mail, phone or computer within 30 days from the date ordered or within the time agreed upon between the parties. If the seller cannot ship the goods within the time period, the seller must send notice to the buyer that the item is unavailable and providing the buyer with the option of a new shipping … [Read more...] about MAIL PHONE and ONLINE ORDER RULE
MAINPRISE
The delivery of a person into the custody of mainpernors, (q. v.) Also the name of a writ (now obsolete) commanding the sheriff to take the security of mainpernors and set the party at liberty. … [Read more...] about MAINPRISE