commercial transactions

sponsor

A sponsor refers to a person who takes the responsibility for another person or thing. The common uses of the term “sponsor” in a legal sense include:

In the context of legislation, a sponsor refers to a person who introduces or...

sponsorship disclosure

Sponsorship disclosure is a legal requirement in radio, television, and more recently, social media, requiring stations and promoters to identify the sources of sponsored materials.

The Code of Federal Regulations defines...

Standard and Poor’s 500 (S&P 500)

Standard and Poor’s 500 (S&P 500) is an index of the 500 largest U.S. public companies. It measures companies’ size by their market capitalization. The S&P 500 is generally seen as a gauge as to how America’s largest companies and...

standard contract

See Adhesion contract.

Standard Oil Co. of New Jersey v. United States (1911)

Standard Oil Co. of New Jersey v. United States (1911) is a U.S. Supreme Court case holding that Standard Oil Company, a major oil conglomerate in the early 20th century, violated the Sherman Antitrust Act through anticompetitive actions, i.e...

stipulation

Stipulation generally means an agreement, a bargain, proviso, or condition. If the stipulation complies with an applicable statute or rule of court, it will be binding. A stipulation could mean a fact, promise, or provision in a contract...

stock

A stock is the share in the ownership of a corporation. Commonly the ownership of a corporation is divided into shares of a definite value, like 10 dollars per share. The charter of the company will define how many shares and classes of...

stock certificate

A stock certificate is a printed certificate issued by a corporation to a shareholder, documenting ownership in a stated number of shares of that corporation's stock. It must be noted that generally the courts consider stock certificates...

stock dividend

A Stock dividend refers to corporate dividends compensating shareholders or employees in the form of stocks instead of money. Companies issue stock dividends typically in the form of a certain percentage per share. For example, a company may...

stock purchase agreement

A stock purchase agreement is a contract under which a seller transfers stock of a corporation to a buyer.

Although the content of a stock purchase agreement may vary in complexity depending on the sophistication of the...

Pages