corporations

Entity Liability

The concept of entity liability allows a corporation to be held liable for the criminal misdeeds of its agents if (1) the agent is acting within the actual or apparent scope of their employment or authority and (2) if the agents intend, at...

Entity List

The Bureau of Industry and Security (BIS) controls the export of commodities and related technology whose widespread release could compromise U.S. national security. The Entity List is found in Supplement No. 4 to part 744 of the Export Administration...

Equitable Subordination

In the law of corporations, describes decision by a court to subordinate a controlling shareholder’s claims upon debt owed her by her own firm, to those of other “outside” (i.e., bona fide third party) creditors in bankruptcy. Equitable subordination...

Espionage

Definition from Nolo’s Plain-English Law DictionaryThe act of spying on or monitoring the activities of a government or company in order to gather secret information.

Definition provided by Nolo’s Plain-English Law Dictionary.

Ex Officio

Definition from Nolo’s Plain-English Law Dictionary(ex oh-fish-ee-oh) Latin for "from the office." Used when someone holds one position because of the authority he or she has from another position (such as being on a committee simply because one is...

Express Authority

An agent's power to act on behalf of a principal, explicitly granted by an agreement between the agent and principal.

See Actual authority, Implied authority, Inherent authority, and Apparent authority.

Extraordinary Compensation

Definition from Nolo’s Plain-English Law DictionarySee: extraordinary fees

Definition provided by Nolo’s Plain-English Law Dictionary.

Fictitious Business Name

Definition from Nolo’s Plain-English Law DictionarySee: fictitious name

Definition provided by Nolo’s Plain-English Law Dictionary.

Fictitious Name

Definition from Nolo’s Plain-English Law DictionaryFictitious names are often used in conducting a business. They may also be used when filing a lawsuit against a party whose real name is unknown or when it is appropriate to conceal the true name of the...

Fiduciary

A person owing a fiduciary duty to another.

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