Division into equal portions distributed to all involved parties. … [Read more...] about SHARE AND SHARE ALIKE
SHARE AND SHARE ALIKE
SHARE
A portion of anything. Sometimes shares are equal, at other times they are unequal. 2. In companies and corporations the whole of the capital stock is usually divided into equal proportions called shares. Shares in public companies have sometimes been held to be real estate, but most usually they are considered as personal property. 3. The proportion which descends to one of … [Read more...] about SHARE
SHAM TRANSACTION
A fraudulent transaction that appears genuine but is deceptive. … [Read more...] about SHAM TRANSACTION
SHAM PLEA
One entered for the mere purpose of delay; it must be of a matter which the pleader knows to be false; as judgment recovered, that is, that judgment has already been recovered by the plaintiff for the same cause of action. 2. These sham pleas are generally discouraged, and in some cases are treated as a nullity. See PLEA. … [Read more...] about SHAM PLEA
SHAM
Phony, a ruse, a fraud, not what is displayed. … [Read more...] about SHAM
