Michigan Laws > Chapter 566 > Act 331 of 1937 – Correspondence School Contracts


§ 566.551	Contracts with correspondence schools; construction, negotiability
§ 566.552	Correspondence school contracts; definitions

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.
Course of study: shall include education, teaching or instruction in any subject of general, business or professional education. See Michigan Laws 566.552
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.
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: shall include a natural person, partnership, association and corporation. See Michigan Laws 566.552
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
United States: shall be construed to include the district and territories. See Michigan Laws 8.3o