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OPERARII

by Law Professor

Such tenants, under feudal tenures, as held some little portions of land by the duty of performing bodily labor and servile works for their lord. … [Read more...] about OPERARII

OPPOSITE

by Law Professor

An old word for "opponent". … [Read more...] about OPPOSITE

OPERATING AGREEMENT

by Law Professor

The agreement signed by the members of an LLC which sets forth the basic terms of operations of the LLC such as the identity of the members, their rights and responsibilities, share of profits and losses, etc. … [Read more...] about OPERATING AGREEMENT

OPPOSITE PARTY

by Law Professor

The opposing party. The adversary in a lawsuit. … [Read more...] about OPPOSITE PARTY

OPERATING EXPENSE

by Law Professor

An expense incurred as part of operating a business. … [Read more...] about OPERATING EXPENSE

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