commercial transactions

standard contract

See Adhesion contract.

Standard Oil Co. of New Jersey v. United States (1911)

Standard Oil Co. of New Jersey v. United States (1911) is a U.S. Supreme Court case holding that Standard Oil Company, a major oil conglomerate in the early 20th century, violated the Sherman Antitrust Act through anticompetitive actions, i.e...

stipulation

Stipulation generally means an agreement, a bargain, proviso, or condition. If the stipulation complies with an applicable statute or rule of court, it will be binding. A stipulation could mean a fact, promise, or provision in a contract...

stock

A stock is the share in the ownership of a corporation. Commonly the ownership of a corporation is divided into shares of a definite value, like 10 dollars per share. The charter of the company will define how many shares and classes of...

stock certificate

A stock certificate is a printed certificate issued by a corporation to a shareholder, documenting ownership in a stated number of shares of that corporation's stock. It must be noted that generally the courts consider stock certificates...

stock dividend

A Stock dividend refers to corporate dividends compensating shareholders or employees in the form of stocks instead of money. Companies issue stock dividends typically in the form of a certain percentage per share. For example, a company may...

stock purchase agreement

A stock purchase agreement is a contract under which a seller transfers stock of a corporation to a buyer.

Although the content of a stock purchase agreement may vary in complexity depending on the sophistication of the...

stockholder

A stockholder, also called a shareholder, is a person who owns stock in a corporation.

The stockholder has several rights; including the right to vote for board members, the right of receiving interest and dividends from...

straw man

Straw man is a third party that holds property in intermission for the sole purpose of transferring it to another. In property law, a straw man would be the person whom a grantor transfers land to for some reason; (sometimes known as a "front...

Subchapter S corporation

Subchapter S corporations, or S corporations, are corporations that are taxed on a "flow -through" basis. This means that tax liabilities from income (or deductions from losses) are passed onto the corporations' shareholders to be declared...

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