POWER OF SALE
\pˈa͡ʊəɹ ɒv sˈe͡ɪl], \pˈaʊəɹ ɒv sˈeɪl], \p_ˈaʊ_ə_ɹ ɒ_v s_ˈeɪ_l]\
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In the law of corporations. The right or capacity to act or be acted upon in a par- ticular manner or in respect to a particular subject; as, the power to have a corporate seal, to sue and be sued, to make by-laws, to carry on a particular business or construct a given work. See Freligh v. Saugerties, 70 Ilun, 580, 21 N. Y. Supp. 1S2; In re Lima & H. F. Ry. Co., 08 Ilun, 252, 22 N. Y. Supp. 007; Baltimore v. Marriott, 9 Md. 100.
By Henry Campbell Black
Word of the day
Quinones
- Hydrocarbon rings which contain two moieties position. They can be substituted in any position except at the ketone groups.