business law

agricultural lien

As established in UCC §9 102-5, an agricultural lien is a lien placed on farm products like farm equipment or livestock that secures payment or performance in exchange for a loan of land, goods, or money. These loans allow farmers to produce...

AI washing

AI washing occurs when companies claim to be using artificial intelligence (AI) technology to enhance their services, but in fact are not. In March of 2024, two investment advisors paid $400,000 in civil penalties “for making false and...

alcohol

Alcohol is a set of chemical compounds consumed as a liquid by individuals for its intoxicating effect or used in industrial projects for its other unique properties.

Absent any specific regulation, alcohol is treated like...

alienable

Alienable means transferable.

An interest in property is alienable if it may be conveyed by one party to another. In general, all private property is alienable unless some contractual, common law, or statutory restriction...

alter ego

Alter ego is a legal doctrine whereby the court finds that a corporation lacks a separate identity from an individual or corporate shareholder. The court applies this rule to ignore the corporate status of a group of stockholders, officers,...

alternative dispute resolution - state statutes

Alabama- Title 6, Chapter 6 Alaska Arizona- Title 12, Article 2 Arkansas- Title 16, Subtitle1- 7 California (see Title 2, Division 3, Part 1, Chapter 4.5, Article 5) Colorado- Title 13, Article 22, Part 2 Connecticut- Title 52, Chapter 909...

ambiguity

Ambiguity means language in an agreement has more than one meaning. Cases such as this one from New York explain that ambiguity in the context of a contract is defined as “whether a reasonably intelligent person looking at the contract...

amend

To amend is to make a change by adding, subtracting, or substituting. For example, one can amend a statute, a contract, the United States Constitution, or a pleading filed in a lawsuit. Generally, procedures dictate the way in which one...

American Clean Energy and Security Act of 2009

The American Clean Energy and Security Act of 2009 (ACES)(also referred to as the Waxman-Markey bill) primarily sought to promote a clean energy economy, reduce greenhouse emissions, and create energy independence. The ACES would have created...

Americans with Disabilities Act (ADA)

The Americans with Disabilities Act (ADA) is a civil rights law, signed into law on July 26, 1990, by President George H.W. Bush, that prohibits discrimination against individuals with disabilities. This law is part of labor law and more...

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