Maryland Code, COMMERCIAL LAW 14-2901

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Terms Used In Maryland Code, COMMERCIAL LAW 14-2901

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.
including: means includes or including by way of illustration and not by way of limitation. See
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.

(a) In this subtitle the following words have the meanings indicated.

(b) “Advertise” means:

(1) To publish, circulate, disseminate, or place before the public in any way or through any medium for the purpose of selling merchandise; and

(2) Advertising by:

(i) Exterior or interior signs, including neon or other electrical signs;

(ii) Radio, telephone, or television; and

(iii) Newspaper, magazine, book, notice, or any other method or material.

(d) “Property”, as used in § 14-2902(a) through (c) of this subtitle, includes:

(1) Merchandise;

(2) Real estate;

(3) Securities;

(4) Employment;