Michigan Laws > Chapter 450 > Act 112 of 1988 – The Business Opportunity Act for Persons With Disabilities
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Terms Used In Michigan Laws > Chapter 450 > Act 112 of 1988 - The Business Opportunity Act for Persons With Disabilities
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Business owned by persons with disabilities: means a business in which all of the following apply:
(i) More than 50% of the voting shares or interest in the business is owned, controlled, and operated by 1 or more persons with disabilities. See Michigan Laws 450.792Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant. Contract: A legal written agreement that becomes binding when signed. Controlled: means exercising the power to make policy decisions in a business. See Michigan Laws 450.792 Conviction: A judgement of guilt against a criminal defendant. 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. Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime. Department: means a principal department of the executive branch of the state government. See Michigan Laws 450.792 Disability: means a determinable physical or mental impairment of an individual or the history of an impairment that may result from disease, injury, congenital condition of birth, or functional disorder. See Michigan Laws 450.792 Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other. Expenditures: means payments and contracts for goods, services, and construction which may be acquired competitively and are not regulated by separate authority, and, where the department acts as the sole or primary contracting officer and has selective discretion as to the supplier, vendor, or contractor. See Michigan Laws 450.792 felony: when used in this act, shall be construed to mean an offense for which the offender, on conviction may be punished by death, or by imprisonment in state prison. See Michigan Laws 750.7 Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs. 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. Operated: means the activity of being involved in the day-to-day management of a business. See Michigan Laws 450.792 Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses. Person: means an individual, sole proprietorship, partnership, association, or corporation. See Michigan Laws 450.792 person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l Person with disabilities: means an individual with 1 or more disabilities. See Michigan Laws 450.792 Presentence report: A report prepared by a court's probation officer, after a person has been convicted of an offense, summarizing for the court the background information needed to determine the appropriate sentence. Source: U.S. Courts Probate: Proving a will state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o Statute: A law passed by a legislature. Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition. Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence. United States: shall be construed to include the district and territories. See Michigan Laws 8.3o