liabilities principle
81Legal personality — (also artificial personality, juridical personality, and juristic personality) is the characteristic of a non human entity regarded by law to have the status of a person. A legal person (Latin: persona ficta), (also artificial person, juridical… …
82Diamond–Dybvig model — A 2007 run on an English bank The Diamond–Dybvig model is an influential model of bank runs and related financial crises. The model shows how banks mix of illiquid assets (such as business or mortgage loans) and liquid liabilities (deposits which …
83WITNESS — (Heb. עֵד, one that has personal knowledge of an event or a fact. The evidence of at least two witnesses was required for convicting the accused (Num. 35:30; Deut. 17:6; 19:15; cf. I Kings 21:10, 13). Commercial transactions of importance took… …
84Corporate law — (also company or corporations law) is the study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another under the internal rules of the firm.… …
85Law — /law/, n. 1. Andrew Bonar /bon euhr/, 1858 1923, English statesman, born in Canada: prime minister 1922 23. 2. John, 1671 1729, Scottish financier. 3. William, 1686 1761, English clergyman and devotional writer. * * * I Discipline and profession… …
86Union of Soviet Socialist Republics — a former federal union of 15 constituent republics, in E Europe and W and N Asia, comprising the larger part of the former Russian Empire: dissolved in December 1991. 8,650,069 sq. mi. (22,402,200 sq. km). Cap.: Moscow. Also called Russia, Soviet …
87business organization — Introduction an entity formed for the purpose of carrying on commercial enterprise. Such an organization is predicated on systems of law governing contract and exchange, property rights, and incorporation. Business enterprises… …
88law — / lȯ/ n [Old English lagu, of Scandinavian origin] 1: a rule of conduct or action prescribed or formally recognized as binding or enforced by a controlling authority: as a: a command or provision enacted by a legislature see also statute 1 b:… …
89APOTROPOS — ( Guardian ). The Concept The term apotropos (Heb. סֹופ ֹור ְט ֹופַא) for guardianship in Jewish law is derived from the Greek ἁπότροπος and means the father of minors or the guardian or custodian of another s affairs (see Maimonides to Mishnah,… …
90HALAKHAH — DEFINITION The word halakhah (from the root halakh, to go ), the legal side of Judaism (as distinct from aggadah, the name given to the nonlegal material, particularly of the rabbinic literature), embraces personal, social, national, and… …
