Blue sky laws are state securities regulations. That is, in addition to federal securities regulations, mainly the Securities Act of 1933 and the Exchange Act of 1934, states may also require issuers of securities to register with their state...
wex articles
bona fide occupational qualification (BFOQ)
A bona fide occupational qualification or BFOQ is an affirmative defense to discrimination prima facie. Bona fide occupational qualifications can be made for national origin, religion, and sex.
42 U.S. Code § 2000e-2 allows...
bona fide purchaser
A bona fide purchaser is someone who exchanges value for property without any reason to suspect irregularities in the transaction. By definition, a bona fide purchaser cannot have actual or constructive notice as to defects in the seller’s...
book account
A book account is a record of all the financial information of a person or business. It is a statement of the debit and credit of an individual which also shows the amount of debt a person owes at any given time. In terms of a business’s book...
bookkeeping fraud
Overview
Bookkeeping fraud (also referred to as accounting fraud) refers to types of fraud committed by officers, accountants, and other employees that manipulate company finances and records to achieve some kind of personal gain. There are...
Boy Scouts of America v. Dale (2000)
Overview:
Boy Scouts of America et al. v. Dale (2000) is a Supreme Court case regarding the right to freedom of association under the First Amendment. This case established expressive association as an important First Amendment right. That...
boycott
Boycott is a term that is most frequently referenced in the context of antitrust law. It is a concerted refusal to deal with a disfavored purchaser or seller. The word is both a noun and a verb and stems from Captain Charles C. Boycott’s name...
breach of contract
A breach of contract occurs whenever a party who entered a contract fails to perform their promised obligations. Due to the frequency of breaches of contract, a robust body of law has grown to resolve the ensuing disputes.
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bribery
Bribery is defined generally as corrupt solicitation, acceptance, or transfer of value in exchange for official action.
Overview:Bribery refers to the offering, giving, soliciting, or receiving of any item of value as a...
Brown v. Board of Education (1954)
Overview:
Brown v. Board of Education (1954) was a landmark U.S. Supreme Court decision that struck down the “Separate but Equal” doctrine and outlawed the ongoing segregation in schools. The court ruled that laws mandating and enforcing...