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Bylaws

In the U.S., bylaws are the administrative provisions for the internal management of a corporation, for example shareholders’ annual meetings,...

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Instructions

Naturally, before a lawyer can begin any assignment for a new client, she must be hired and given direction by...

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Insolvent Liquidation

In the US, both individuals and companies go bankrupt when they are unable to meet their debts as they become...

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Unit Trusts vs. Mutual Funds

Many people choose to invest in the stock market by buying units or shares in funds that spread the risk...

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Letters

How American lawyers open and close letters Dear Mr. Dryden: I have never met you, we have had insufficient contact...

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Bring Proceedings

In the US, when one commences a process in court one is said to bring proceedings. “If you do not...

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Attorney

In the UK, an attorney is an agent or representative authorised to act on someone else’s behalf such as an...

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Charge

A charge is an encumbrance, lien or other financial obligation that is attached to some property. In the UK, charge...

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Corporation vs. Company

In the United States, a corporation is a form of doing business in which the liability of shareholders (i.e. the...

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Spelling

The great divide between British English and American English can often be a single letter. The American version of British...

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