Balance due is the amount owed on a previous statement for which payment has been required but not been made. It is usually manifested as the amount of a debt still owed on an account or the principal outstanding on a promissory note. Balance...
ACADEMIC TOPICS
bankruptcy fraud
Bankruptcy fraud is a white-collar crime that commonly takes four general forms:
A debtor conceals assets to avoid having to forfeit them. An individual intentionally files false or incomplete forms. Including false information on a...bar
The bar refers to the collective of all lawyers qualified to practice in a given court or jurisdiction. Every state has its own set of requirements for admitting a person into their jurisdiction’s bar. In general, a person must satisfy a...
bar examination
Bar examination is a written examination that a person must pass in order to obtain a license to practice law as an attorney. Although every state administers its own version of the bar examination, most exams consist of the Multistate Bar...
barrister
A barrister is a type of lawyer in the United Kingdom and certain other common law countries. Lawyers who practice in the United Kingdom are divided into two types: “solicitors,” who provide general legal advice on various areas of law and “...
basis point
A basis point (often abbreviated as bp) is a unit of measurement that denotes a change in the interest rate of a financial instrument and is equal to 1/100th of 1% or 0.01%. It is a usual practice in the financial industry to use basis points...
Batson challenge
The Batson challenge refers to the act of objecting the validity of a peremptory challenge, on grounds that the other party used it to exclude a potential juror based on race, ethnicity, or sex. The result of a successful Batson challenge...
BCRA
Overview:
The Bipartisan Campaign Reform Act (BCRA) was signed into law in March of 2002. On the same day that BCRA became official federal policy, Senator Mitch McConnell and the National Rifle Association (NRA) both filed complaints...
bearer paper
A bearer is an individual who is in possession of a negotiable instrument, document of title, or proof of security that is either payable to the person in possession (ie. payable to bearer) or endorsed in blank. These types of instruments are...
beg the question
Begging the question is a logical fallacy in which an argument’s premises assume the truth of the conclusion. Arguments that beg the question work to obscure the actual points in controversy and can be looked at as a form of circular...