A cooperative, often called a co-op, is any association of members of a similar profession or industry that work together to process, prepare, market, handle products and supplies. A cooperative operates for the benefits of its members by...
corporations
collusive bidding
Collusive bidding refers to an agreement among two or more competitors to change the bids they otherwise would have offered absent the agreement. Where collusive bidding is well established, prices can rise substantially, in some cases by as...
common stock
Common stock is a class of stock that represents equity ownership in a corporation. Owners of common stock, called shareholders, are entitled to the following rights:
Voting rights to elect the members of the board of directors....company
A company is any form of business organization that engages in a business or commercial activity for profit. Commonly, companies are incorporated as separate legal entities from their owners, and they have rights, liabilities, and legal...
consent decree
A consent decree (also known as a consent order) is a decree made by a judge with the consent of all parties. It is not strictly a judgment, but rather a settlement agreement approved by the court. The agreement is submitted to the court in...
consortium
Consortium in commercial context means an association, combination or partnership of businesses, financial institutions or investors engaged in a joint venture.
In the context of family law, consortium means the benefits a...
contribution
Contribution is an important term in the fields of business and tort law.
Tort LawIn the field of tort law, contribution refers to an action a defendant may bring in a joint and several liability jurisdiction to recover...
control
Control as a verb is to exercise one’s power or authority over something or someone, to regulate or govern, or to have a controlling interest in. Control as a noun is the power to govern, manage, direct, or oversee something or someone....
copartner
A co-partner is an investor in a partnership. According to Section 202 of the “UPA” or Uniform Partnership Act, a person who receives a share of the profits of a business is generally presumed to be a partner in the business. When two or more...
corporate charter
A corporate charter is a flexible document that an incorporator is required to prepare and file with the Secretary of State in the state of incorporation. The corporate charter must name the original incorporations, the corporation’s name and...