Littleton Business Law: FindLaw.com Dictionary: commercial law: the legal rules and principles bearing on commercial transactions and business organizations. (see also Uniform Commercial Code in the Important Laws section) Merriam-Webster’s Dictionary of Law ©1996. Merriam-Webster, Incorporat...
Business Law is defined as: Law.com: commercial law n. all the law which applies to the rights, relations and conduct of persons and businesses engaged in commerce, merchandising, trade and sales. In recent years this body of law has been codified in the Uniform Commercial Code, which has been almos...
This Definition of Commercial or Business Law comes from: Nolo’s Plain-English Law Dictionary: The law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales. In recent years this body of law has been codified in the Un...
The Unified Credit against the Estate Tax for a descendant dying in 2012, has been increased from $5,000,000 to $5,120,000. This is an inflation adjustment. The annual exclusion for gifts remains at $13,000 to any person. Unless Congress takes action before December 31, 2012, the Unified Credit now ...
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