BestAdvice

For #Entrepreneurs

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In law, a #summary #judgment (a #matteroflaw judgment) is a judgment entered by a #court for one party and against another party #summarily

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Material Adverse Effect (MAE): A term of art used as a #materiality #threshold to measure the negative effect of some event on a business.

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#Delinquent: Refers to the failure to perform a #duty or act in a manner #expected of a person in a particular profession or situation. #Law

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#Law: #LegalAnalysis refers to a #statement by a #court or #legal #expert as to #legality or #illegality of an action, condition, or intent

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Abuse of privileges. Wrongful or unlawful misuse of power in one's duties, either at the expense of others or to the advantage of the abuser

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#Quality begins with the #intent, which is fixed by #management.
— W. Edwards Deming

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Aristotle wrote that "we do not have knowledge of a thing until we have grasped its why, that is to say, its #cause." #FourCauses #Causation

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Every picture tells a #story: Simply observing the scene or the look on one's face will allow one to determine what has taken place

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The #duty to act fairly is a core tenet of administrative #law and a predominant feature in the application of the rules of natural #justice

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#CurbAppeal: The general attractiveness of a house or other piece of property from the sidewalk when evaluating.

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Every #fame has its #foundation !!!

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#Arbitrary: adj. not supported by fair or substantial cause or reason. Most often it is used in reference to a judge's ruling.

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In a constructive trust the defendant breaches a duty owed to the claimant. The most common such breach is a breach of fiduciary duty.

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#Trusts are usually created by a settlor, who gives assets to one or more trustees who undertake to use the assets for beneficiaries.

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English #trust #law concerns the creation and protection of asset funds, which are usually held by one party for another's benefit.

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The #law of #restitution is the law of gains based recovery. The law of #compensation is the law of loss based recovery.

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#Fiduciary. An individual in whom another has placed the utmost trust and confidence to manage and protect property or money.

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At common #law #equitable #title is the right to obtain full ownership of property, where another maintains #legal title to the property.

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What is PROFESSIONAL MISCONDUCT? Behaviour different from what is prescribed in the moral, ethical and professional code of conduct.

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#AbuseOfPower: The act of using one's position of power in an abusive way. This can take many forms, such as taking advantage of someone etc