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Law

Of or pertaining to the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties.

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Law > Contracts

invitee

Law; Contracts

A person, such as a customer, who is present in a place either by the express or the implied invitation of the occupier. This normally means that the occupier has to exercise ...

landlord

Law; Contracts

The owner of property that is leased or rented to others.

lease

Law; Contracts

A contract by which an owner of property conveys exclusive possession and use of it for a specified rent and for a specified period - after which the property reverts to the ...

redemption of shares

Law; Contracts

Where a company issues shares on terms stating that they can be bought back by the company. Not all shares can be redeemed, only those stated to be redeemable when they were ...

remedy

Law; Contracts

Payments or actions ordered by the court as settlement of a dispute. The most common is damages (a payment of money). Others include specific performance (of an action required in ...

stamp duty

Law; Contracts

A tax on transactions. Only applied to specific types of transactions eg dealings in land and buildings, shares and ships.

agent

Law; Contracts

An agent is an individual that is appointed to act on behalf of another individual(known as the principal). The agent's authority is determined by the principal. Third parties may ...