Bill of sale – in the Commercial Law the bill of sale represents a formal sale contract, which details the main details of a sale. These include its subject, the sale price, the figures of the sale and the buyer,…

Beneficiary statement – In practice, this legal term finds application within the area of Financial Law. There it details a statement or certificate, issued by the lender of money (usually a bank institution). Where they officially detail and confirm the…

Basic pay rates – the Labor Law in every country establishes a minimum rate of pay for employment, in order to protect the rights of labor workers. These minimum figures are called “basic pay rates”. They could be calculated either…