contracts

Cashier's Check

A cashier’s check is a bill of exchange, drawn by a bank upon itself (the bank is the debtor), payable to another person, showing the payee’s authorization to receive the amount represented on the check from the bank.

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Caveat Emptor

Latin for "let the buyer beware." A doctrine that often places on buyers the burden to reasonably examine property before purchase and take responsibility for its condition. Especially applicable to items that are not covered under a strict warranty...

CDA Claims

Claims and the Contract Disputes Act

In Government contracts, a formal claim filed pursuant to the Contract Disputes Act of 1978 is defined as a “written demand or written assertion by one of the contracting parties seeking, as a matter of right, the...

Change of Circumstances

A change of circumstances refers to the showing required by a party seeking to modify a prior child support, spousal support, or custody order. Generally, the change in circumstances must be substantial in nature and due to facts that were...

Check

Definition from Nolo’s Plain-English Law DictionaryA draft upon a particular account in a bank, in which the drawer or maker (the person who has the account and signs the check) directs the bank to pay a certain amount to the payee. (See also: negotiable...

Check-flashing

Definition

See kiting.

Check-kiting

Definition

See kiting.

CIF

A trade term for Cost, Insurance and Freight, whereby the seller's quoted price includes insurance and all other costs up to a designated port of destination.

Civil

In reference to law, “civil” is used primarily as a descriptive term to denote conflicts between private individuals. Where in a civil case two or more individuals or private entities (such as corporations) dispute their rights relative to...

Clayton Antitrust Act

The Clayton Antitrust Act of 1914, codified at 15 U.S.C. 12-27, outlaws the following conduct:

price discrimination;conditioning sales on exclusive dealing;mergers and acquisitions when they may substantially reduce competition;serving on the board...

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