business law library

Learn about Business Law and get information on topics related to Business Law.

Featured Article: Rebate

Rebate, REE bayt, in mercantile law, is a discount, or reduction of the amount to be paid. See more »

Agent

Agent is a person who represents someone else in legal, business, or other matters.

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Bankruptcy

Bankruptcy is the state of being legally unable to pay debts.

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Contract

Contract is an agreement between two or more parties that is enforceable by law.

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Debt

Debt is anything owed, especially a sum of money that one person owes to another.

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Guaranty

Guaranty, GAR uhn tee, is an agreement whereby one person promises to pay another's debt if the latter fails to pay.

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Patent

Patent is a document issued by a national government granting an inventor exclusive rights to an invention for a limited time.

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Plagiarism

Plagiarism, PLAY juh rihz uhm, is the act of presenting another person's literary, artistic, or musical work as one's own.

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Power of attorney

Power of attorney is a legal, written document.

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Product liability suit

Product liability suit is a legal action brought against a business accused of placing a defective or unreasonably dangerous product on the market.

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Proxy

Proxy is a substitute.

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Rebate

Rebate, REE bayt, in mercantile law, is a discount, or reduction of the amount to be paid.

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Trademark

Trademark is a word or words, a name, a design, a picture, a sound, or any other symbol that distinguishes the products of one company from those of another.

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Uniform Commercial Code

Uniform Commercial Code (UCC) is a body of laws governing buying and selling in the United States.

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