Unfair labor practices (ULPs) refer to actions taken by employers or labor organizations that violate the rights of employees or employers as defined by various labor laws. These practices, prohibited...
COMMERCE
unfair labor practices (ULPs)
Uniform Commercial Code
The Uniform Commercial Code (UCC) is a comprehensive set of laws governing commercial transactions, adopted in some form by every state and the District of Columbia. It aims to provide uniformity and consistency across states’ commercial laws...
Uniform Resource Locator (URL)
A Uniform Resource Locator, or URL is the address of a specific location on the web. As explained by the Computer Security Resource Center, a URL is a reference to a web resource that specifies its location on a computer network and a...
Uniform Transfer-on-Death Securities Registration Act
Uniform Transfer-on-Death Securities Registration Act (UTODSRA) is an act that enables people to designate beneficiaries to inherit their stocks, bonds, bank accounts or other securities without the need for probate. The registration process...
unilateral
Unilateral refers to a one-sided action or decision performed by or affecting only one party, person, or group involved in a particular situation, without the agreement or participation of others.
See also: Bilateral,...
unilateral contract
A unilateral contract is a contract created by an offer that can only be accepted by performance.
In a unilateral contract, there is an express offer that payment is made only by a party’s performance. Common examples...
unincorporated
Unincorporated generally describes an entity or organization that has not been formally established as a legal corporation. This term can also refer to something not mixed or combined with another entity.
In constitutional...
unincorporated business organization (UBO)
An unincorporated business organization (UBO) is a business arrangement used in lieu of a company or partnership. The investor acts as the settlor of the trust and gives the management rights to the trustee, who holds title to the property...
uninsured motorist clause
Uninsured motorist clause is part of some car insurance policies which provides coverage for bodily injuries of the driver and their passengers if (1) the other driver did not have car insurance and (2) the other driver was at fault. Not...
unissued stock
Unissued stock is the stock that has been authorized for use in the company’s charter but that the company has not sold (issued) either to the shareholders or other investors in the market.
Unissued stock does not accumulate...