If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.

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Legal Definitions - firma

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Definition of firma

firma

A firma is a type of business organization that can be either a corporation or a partnership. It is a legal entity that is separate from its owners and can enter into contracts, own property, and sue or be sued in court.

  • ABC Corporation is a firma that sells electronics.
  • XYZ Partnership is a firma that provides legal services.

These examples illustrate the definition of firma because they both refer to businesses that are organized as either a corporation or a partnership. As a legal entity, a firma can conduct business, enter into contracts, and be held liable for its actions.

If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.

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Simple Definition

Definition: Firma is a Latin word that can mean two things. First, it can refer to a lease, which is an agreement to rent property for a certain amount of time. Second, it can refer to a corporation or partnership, which is a type of business organization where multiple people work together to make decisions and share profits.

firm-opportunity doctrine | firma burgi Read a random term: majority

I feel like I'm in a constant state of 'motion to compel' more sleep.

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Injustice anywhere is a threat to justice everywhere.

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