by Jason M. Gordon | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
What is a Mechanic’s Lien? A mechanics lien, also known as an artisan’s lien, is a type of lien that can be used by builders, contractors, material venders, laborers, and artisans offering specialized services. If the service provider is not paid for the...
by Jason M. Gordon | Feb 23, 2025 | Agency Law
What is the Master-Servant Rule?The master-servant rule refers to a rule or doctrine whereby an employer is responsible for all the actions of their employees and a party responsible for the actions of its delegates and agents. The master-servant rule is also known as...
by Jason M. Gordon | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
What is a Meeting of the Minds? A meeting of the minds refers to a consensus or agreement between two people or a group of people. Meetings of the minds is a term often used in contract law to describe a state in which every party to a contract is aware of the...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What are Mergers and Acquisitions? Mergers and acquisitions (M&A) is described as an amalgamation of two or more companies. When the ownership of companies are integrated, consolidated or transfers, mergers and acquisitions has occurred. When two companies or...
by Jason M. Gordon | Feb 23, 2025 | Insurance & Risk Management
What is a Co-pay? A co-pay refers to an amount that an insured pays for a service that is covered by an insurance policy. Co-pay often occurs when insured individuals receive health care services, it is an out-of-pocket amount that the insured pays for such services....