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Commercial law (or business law), [1] which is also known by other names such as mercantile law or trade law depending on jurisdiction; is the body of law that applies to the rights, relations, and conduct of persons and organizations engaged in commercial and business activities. [2] [3] [4] It is often considered to be a branch of civil law ...
Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. [1] [2] [3] In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. [4]
AT&T held a patent (US Patent No. 4472832) on a program that could digitally encode and compress recorded speech on a computer. [5] Microsoft's Windows operating system had the potential to infringe that patent because Windows incorporated a software called NetMeeting that, when installed, enabled a computer to process speech in the same manner as claimed by AT&T's patent.
The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject. You may improve this article , discuss the issue on the talk page , or create a new article , as appropriate.
Corporate law (also known as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations .
The concept of a division of a question dates back to at least 1640, when the Lex Parliamentaria noted, "If a Question upon a Debate contains more Parts than one, and Members seem to be for one Part, and not for the other; it may be moved, that the same may be divided into two, or more Questions: as Dec. 2, 1640, the Debate about the Election of two Knights was divided into two Questions."
An orange that has been sliced into two halves. In mathematics, division by two or halving has also been called mediation or dimidiation. [1] The treatment of this as a different operation from multiplication and division by other numbers goes back to the ancient Egyptians, whose multiplication algorithm used division by two as one of its fundamental steps. [2]
The business judgment rule is a case-law-derived doctrine in corporations law that courts defer to the business judgment of corporate executives. It is rooted in the principle that the "directors of a corporation ... are clothed with [the] presumption, which the law accords to them, of being [motivated] in their conduct by a bona fides regard for the interests of the corporation whose affairs ...