business law

Alternative dispute resolution - State statutes

Alabama- Title 6, Chapter 6 Alaska Arizona- Title 12, Article 2 Arkansas- Title 16, Subtitle1- 7 California (see Title 2, Division 3, Part 1, Chapter 4.5, Article 5) Colorado- Title 13, Article 22, Part 2 Connecticut- Title 52, Chapter 909 Delaware-...

Ambiguity

Ambiguity means language in an agreement has more than one meaning. Cases such as this one from New York explain that ambiguity in the context of a contract is defined as “whether a reasonably intelligent person looking at the contract...

Amend

To amend is to change by adding, subtracting, or substituting. One can amend a statute, a contract, the Constitution of the United States, or a pleading filed in a law suit.

For example, Article V of the...

American Clean Energy and Security Act of 2009

The American Clean Energy and Security Act of 2009 (ACES)(also referred to as the Waxman-Markey bill) primarily sought to promote a clean energy economy, reduce greenhouse emissions, and create energy independence. The ACES would have created...

Americans with Disabilities Act (ADA)

Definition from Nolo’s Plain-English Law DictionaryA federal law that prohibits discrimination against people with physical or mental disabilities in employment, public services, and places of public accommodation, such as restaurants, hotels, and...

Amortization

Definition from Nolo’s Plain-English Law Dictionary(1) A periodic payment plan to pay a debt (such as a mortgage or car loan) by a certain date, in which interest and a portion of the principal is included in each payment. Payments are usually calculated...

Anchoring

A common bias that affects people's estimation of value based on examples that may be loosely related or not related at all to the situation at hand.

Angel Investor

An individual investor—often a high net worth individual—who provides capital for emerging growth companies, typically in exchange for either ownership equity or convertible debt. Angel investments often represent the round of financing between the...

Annual Meeting

Definition

An annual meeting of the shareholders of a corporation, at a time and place determined by the corporation's bylaws. Also known as the "annual general meeting" (AGM). Shareholders meet to elect directors whose seats on the board are up for re-...

Annual Percentage Rate

The annual cost of a loan, which includes both interest on the loan, and loan-related fees. This is calculated by multiplying the interest rate per payment period by the number of the number of such payment periods in a year.

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