legal education and practice

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...

stockholder

A stockholder, also called a shareholder, is a person who owns stock in a corporation.

The stockholder has several rights; including the right to vote for board members, the right of receiving interest and dividends from...

stockholder's derivative action

A stockholder's derivative action, also referred to as a shareholder derivative suit, is a lawsuit brought by a shareholder or group of shareholders on behalf of the corporation against the corporation’s directors, officers, or other third...

straw man

Straw man is a third party that holds property in intermission for the sole purpose of transferring it to another. In property law, a straw man would be the person whom a grantor transfers land to for some reason; (sometimes known as a "front...

strict scrutiny

Overview

Strict scrutiny is a form of judicial review that courts use to determine the constitutionality of certain laws. Strict scrutiny is often used by courts when a plaintiff sues the government for discrimination. To pass strict scrutiny, the...

submit

Submit means to commit to the discretion or judgment of another, or to present for determination. The most common uses of the term “submit” in a legal sense include:

To “submit” evidence means to present or introduce it. In the...

substitution

Substitution means to put one person or thing in the place of another. Common uses of the term “substitution” in a legal sense include:

“Substitution of parties” is replacement of a party to an action with a successor or...

substitution of attorney

Substitution of Attorney is the right of a client to change the person who is representing them before a court of law. During any stage, if a client disagrees or is dissatisfied with how their case is being managed, they have the right to...

success billing

Success billing is a method for lawyers to bill and charge clients based on the favorable outcome of the services rendered by the lawyer. This billing method is an alternative fee arrangement because the client pays the lawyer under a scheme...

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