Louisiana Revised Statutes > Title 51 > Chapter 1 > Part VIII > Subpart F – Sales Representatives
Current as of: 2023 | Check for updates
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Other versions
§ 51:441 | Definitions |
§ 51:442 | Contract |
§ 51:443 | Payment of commissions; timely payment |
§ 51:444 | Attorney fees and damages |
§ 51:445 | Certain venue provisions invalid |
Terms Used In Louisiana Revised Statutes > Title 51 > Chapter 1 > Part VIII > Subpart F - Sales Representatives
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
- Personal property: All property that is not real property.
- Venue: The geographical location in which a case is tried.