See Adhesion contract.
business law
Standard Oil Co. of New Jersey v. United States (1911)
Standard Oil Co. of New Jersey v. United States (1911) is a U.S. Supreme Court case holding that Standard Oil Company, a major oil conglomerate in the early 20th century, violated the Sherman Antitrust Act through anticompetitive actions, i.e...
state action antitrust immunity
Under the state-action doctrine elucidated in Parker v. Brown, 317 U.S. 341 (1943), state and municipal authorities are immune from federal antitrust lawsuits for actions taken pursuant to a clearly expressed state policy that, when legislated, had...
statute of frauds
A statute requiring certain contracts to be in writing and signed by the parties bound by the contract. The purpose is to prevent fraud and other injury. The most common types of contracts to which the statute applies are contracts that involve the...
stipulation
Stipulation generally means an agreement, a bargain, proviso, or condition. If the stipulation complies with an applicable statute or rule of court, it will be binding. A stipulation could mean a fact, promise, or provision in a contract...
stock
A stock is the share in the ownership of a corporation. Commonly the ownership of a corporation is divided into shares of a definite value, like 10 dollars per share. The charter of the company will define how many shares and classes of...
stock certificate
A stock certificate is a printed certificate issued by a corporation to a shareholder, documenting ownership in a stated number of shares of that corporation's stock. It must be noted that generally the courts consider stock certificates...
stock dividend
A Stock dividend refers to corporate dividends compensating shareholders or employees in the form of stocks instead of money. Companies issue stock dividends typically in the form of a certain percentage per share. For example, a company may...
stock in trade
Stock in trade may be used to refer to the inventory held by a business for sale in the ordinary course of business, or the equipment, materials, and tools required for the performance of a trade (tools of trade).
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stock option
Definition from Nolo’s Plain-English Law DictionaryThe right to purchase stock in the future at a price set at the time the option is granted (by sale or as compensation by the corporation). To actually obtain the shares of stock the owner of the option...