Its shareholders such that the shareholders will not be

Held personally liable for corporate debts

Counter offer new offer with new terms made as a reply

To an offer received

Court of first instance see lower court

Creditor person or company who is owed a financial

Obligation

Criminal law (also penal law) area of law that deals with

Crime, punishment or penalties

Crown court (UK) higher court of first instance for

Criminal cases in England and Wales. Together with

The High Court of Justice and the Court of Appeal, it

Forms the Supreme Court of Judicature. Appeals from

The Crown Court go to the criminal division of the

Court of Appeal and then to the House of Lords.

Cybersquatting practice of registering Internet domain

Names that are associated with another company and

Then demanding payment from that company through

The sale or licensing of that domain name

Damage loss or harm as a result of injury

Damages money awarded by a court in compensation for

Loss or injury

date of employment day on which a person's

Employment begins

De facto (Latin) in fact

Debenture (UK) instrument issued under seal which

Evidences a debt or security for a loan of a fixed sum

Of money; a long-term debt not secured by any

Particular asset, but rather by the general earning

Capacity of the company (US secured debt

Instrument); (US) unsecured debt

Debtor someone who owes a financial obligation to

Another

Default failure to perform a duty, whether legal or

Contractual; failure to pay a sum that is due

Defendant (also respondent) person against whom an

Action is brought in court. Defendant is generally used

When referring to the answering party to a civil

Complaint; respondent is generally used when referring

To the answering party to a petition for a court order.

Delegate to give (duties) to another, to entrust another

(with duties)

Delegate (UK) third party in a delegation to whom the

Duties have been transferred (US delegatee)

Delegation of duties transfer of responsibilities to be

Performed under a contract to another

Delegator person who transfers his duties to another

Delivery formal act of transferring something or passing

Possession on to someone else

Design right legally protected interest in the form of

Appearance, style or texture of a particular item

Directive order from a central authority, for example, the

European Community. A European Community Directive

Is binding as to the result, but each Member State

May choose how to implement it.

Disability condition of being unable to do something due

To a physical or mental impairment

Disbar (US) to declare a person unable to practise law. In

The UK, the barrister is expelled from his or her Inn of

Court and is no longer allowed to represent in court.

Discharge to release a person from an obligation

Disclaimer repudiation or denial of a legal right or claim

Disclaimer of warranties statement which limits the

Liability of the seller for any defects of their goods

discriminatory dismissal termination of an employee's

Date: 2015-12-11; view: 835