commercial law

Abercrombie classification, taking its name from the case Abercrombie & Fitch Co. v. Hunting World Inc., is a system designating how distinct a given trademark is for the purposes of intellectual property law.

• branding

Accession has several specialized meanings in legal contexts.

• trusts and estates

Accord and satisfaction occurs when there is an agreement (accord) between two parties (an obligor and an obligee) for alternative performance to discharge a

An account stated is a document summarizing the amount of money a debtor owes a creditor. Account stated is also a cause of action in many states that allows a creditor to sue for payment.

Accounts payable is short-term debt that a company owes to its suppliers for products received before a payment is made. Accounts payable may be abbreviated to “AP” or “A/P.” Accounts payable may also refer to a business department of a company responsible for organizing payments on such accounts to suppliers. 

Under federal law, an accredited investor is a special kind of investor that due to certain special circumstances or qualities—as the ones indicated in Rule 501 of Regulation D—is allowed to purchase or be offered to purchase unregistered securities.

Accrue has two common definitions:

Accumulated earnings represent a company’s net profit after having distributed dividends to the stockholders. It is often used in accounting to determine how much net profits a company has left after having paid dividends.

• llcs-corporations-partnerships

In tort law, actual damages, also known as compensatory damages, are damages awarded by a court equivalent to the loss a party suffered. If a party’s right was technically violated but they suffered no harm or losses, a court may instead grant nominal damages.

• tort law
• damages
• COMPENSATORY DAMAGES
• actual damages
• contract law

An addendum is an addition to a finished document, such as a contract. The most common addendum is an attachment or exhibit at the end of such a document. For example, a contract to manufacture widgets may have an addendum listing the specifications for said widgets.

• contract law