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bulk sales law

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  • bulk sales law — A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets that is, get rid of all or most of its… …   Law dictionary

  • bulk-sales law — noun : a statute regulating the sale of stocks of goods in bulk where creditors may be prejudiced …   Useful english dictionary

  • bulk sales laws — USA bulk sales laws, Also known as bulk transfer laws. These are state laws which require, among other things, a buyer to give notice to the seller s creditors if it is acquiring a significant portion of the seller s business or assets. Most… …   Law dictionary

  • bulk sales acts — n.    state laws (spelled out in the Uniform Commercial Code adopted generally throughout the country) which require a seller of the business including his/her inventory to a) publish notice of the sale, b) give written notice to all creditors,… …   Law dictionary

  • bulk sale — see sale Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bulk sale n. A transfer or sal …   Law dictionary

  • bulk — 1 / bəlk/ n: a large mass in bulk 1: not divided into parts or packaged in separate units 2: in large quantities bulk 2 adj 1: being in bulk bulk shipment of wheat …   Law dictionary

  • bulk transfer laws — USA bulk sales laws, Also known as bulk transfer laws. These are state laws which require, among other things, a buyer to give notice to the seller s creditors if it is acquiring a significant portion of the seller s business or assets. Most… …   Law dictionary

  • bulk sale acts — n. Statutes that require a business planning a bulk sale to first notify creditors, designed to protect creditors from secret bulk sales. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • Bulk sale — For food sold by weight in stores, see bulk bins. A bulk sale, sometimes called a bulk transfer, is a sale of goods by a business that represents all or substantially all of its inventory to a single buyer unless such a sale would be common in… …   Wikipedia

  • Law of value — The law of value is a concept in Karl Marx s critique of political economy. Most generally, it refers to a regulative principle of the economic exchange of the products of human work: the relative exchange values of those products in trade,… …   Wikipedia

  • List of law topics (A-E) — NOTOC Law [From Old English lagu something laid down or fixed ; legal comes from Latin legalis , from lex law , statute ( [http://www.etymonline.com/index.php?search=law searchmode=none Law] , Online Etymology Dictionary; [http://www.m… …   Wikipedia


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