Längre uttryck

The exercise was created 2021-03-04 by agneswesterlund. Question count: 98.




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  • appeal to ask a higher tribunal to review a case
  • impose a judge gives e.g. a fine, impose a fine
  • preclude to prevent
  • disclaim to deny
  • auditor person appointed by company to examine the company’s accounts
  • company secretary company's chief administrative officer
  • director person elected by shareholders to manage the company
  • liquidator person appointed by a court/company/creditors to wind up the company’s affairs
  • to wind-up process of dissolving a company
  • managing director company director responsible for the day-to day operation
  • official receiver officer of the court who commonly acts as a liquidator
  • promoter person engaged in gathering capital for a company
  • proxy person appointed by a shareholder to attend and vote at a meeting
  • receiver person appointed by creditors to oversee the repayment of debts
  • shareholder member of the company by owning shares of a company
  • diviends profits distributed to the stockholders of a corporation
  • articles of organization/certificate of incorporation a document that gives authority to an organization to do business as a corporation
  • double taxation taxes on a corporation’s income and on the dividends earned by the stockholders
  • foreign corporation a corporation that is organised in a state other that in which it is operating
  • incorporators people who organize a corporation by filing articles of organization with the state government
  • blue-sky laws state laws designed to protect the public from the sale of worthless stocks
  • general partner a partner who manages the business and is personally liable for its debts and obligations
  • dormant partner a partner who is not known to the public as a partner and who takes no active part in the business
  • de jure de jure corporation a corporation that is established in strict compliance with the law
  • co-venture/joint enterprise/joint venture/syndicate a relationship in which two or more people combine their labor or proproperty for a single business undertaking
  • C corporation a corporation that is governed by Subchapter C of the Internal Revenue Code and that pays corporate taxes on its income
  • general partnership a partnership in which the parties carry on a business for the joint benefit and profit of all partners
  • eleemosynary corporation a corporation that is created for charitable and benevolent purposes
  • de facto corporation a corporation that has a defect in its establishment but that must be recognized as a valid corporation d
  • close corporation a corporation that has restrictions on the transfer of shares
  • domestic corporation a corporation that is organized in the state which it is operating
  • common stock co-partnership stock that has no preferences but that gives the owner the right to vote
  • derivative action a suit by a stockholder to enforce a corporate cause of action
  • preferred stock stock that has a superior right to dividends and capital when the corporation is dissolved
  • nominal partner, ostensible partner a partner in name only, who has no real interest in the partnership
  • sole proprietorship a form of business that is owned and operated by one person
  • limited liability partnership (LLP) a general partnership in which only the partnership. And not the individual partners, is liable for the tort liabilities of the partnership
  • managers people who are appointed by its members to manage a limited liability company
  • secret partner a partner who takes an actictive part in the compnay, but is not known to the public
  • limited partner a partner who invests money or other property in the business but who is not liable for the debts or obligations of the partnership
  • unlimited liability liability that has no bounds
  • stock certificate a document that evidences ownership of stock in a corporation
  • partnership, co-partnership an association of two or more persons to carry on as co-owners a business for profit
  • silent partners partners who may be known to the public as partners but who take no active part in the business
  • liquidate turn into cash
  • limited partnership a partnership formed by two or more persons having as members one or more general partners and one or more limited partners
  • members owners of a limited liability company
  • winding-up period a period in which company is liquidated
  • limited liability company (LLC) a nonpartnership form of business organization that has the tax benefits of a partnership and the limited liability benefits of a corporation
  • operating agreement an agreement that sets forth the rights and obligations of the members and establishes the rules for operating a limited liability company
  • promoters people who begin a corporation by obtaining investors and taking charge up to the time of the corporation’s existence
  • For because, since
  • further in addition
  • thus so, in this way, consequently
  • however by contrast, on the other hand
  • tortfeasor person who commits tort
  • executor person who executes will
  • defamation slander
  • prenuptial agreement contract for marriage
  • to waive to give up, e.g. rights
  • queries questions to solicitors
  • deed legal document
  • perusal reading through
  • to construe to interpret
  • common law unwritten and old brittish laws
  • golden rules strict application of doctrine
  • the purposive approach judge looks beyond statutes
  • bona fide good faith
  • exempt from free from obligation
  • to lapse become invalid
  • cencessions give up something
  • induct accuse formally or charge
  • to offset give compensation
  • MP's surgery meeting with member of parliament
  • loiter remain in an area with no reason
  • delinquent violation of law
  • embezzle obtain property or money
  • pecuniary compensation compensation for damages
  • loutishness rude, offensive behaviour
  • refrain deny, e.g reject an offer
  • germane relevant
  • flagrant action considered immoral
  • infringe kränka, överträda
  • corporate veil personal liability
  • fiduciary duty must act in the best interest
  • duress induce to an agreement violently
  • promissory estoppel binding terms in the absence
  • reliance damages compensation non breaching p
  • expectation damages puts party in an earlier position
  • to contravene go against
  • infringe go against something
  • draft bill lagförslag
  • exempt from undantagen
  • to indict take to court
  • allegation claim
  • affiliated associated with
  • to forge förfalska
  • to render to make

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