An Act adopted by a majority of states providing for a way that property may be transferred to minors while having an adult manage the property until the child reaches the age of an adult. See also a custodian. … [Read more...]
UNEMPLOYMENT INSURANCE (UI)
The federal and state governments created this program to provide financial benefits for a period of time after being laid off from work, typically 26 weeks but regulations change as tot he duration. The amount received by the unemployed person is based upon the amount of former pay and is considerably less than that salary. It is to help the unemployed person deal with the … [Read more...]
UNEQUIVOCAL
That which is free of doubt and manifestly clear. … [Read more...]
UNETHICAL
Lacking in ethics. Not ethical. Immoral or not adhering with the generally accepted practices and conduct of a profession. … [Read more...]
UNFAIR COMPETITION
A broad term to describe a commercial activity which creates a second comer to unfairly compete with a legitimate business and is in violation of some legal right of that business. Usually the one guilty of unfair competition performs some act tending to confuse or deceive consumers in the marketplace about the sale of goods or services and may extend to claims of false … [Read more...]