Europe’s Single Market is based on a wide variety of contracts that are governed by different national contract laws. The co-existence of different rules can lead to additional transaction costs, increased legal uncertainty for businesses and lack of consumer confidence. Both consumers and businesses face significant barriers when they seek to take advantage of the EU’s Single Market. Transaction costs (like adapting contractual terms and commercial policies or obtaining translation of the rules) and legal uncertainty involved in dealing with foreign contract laws make it particularly hard for small and medium-sized enterprises, which make up 99% of all enterprises in the EU, to expand within the Single Market. The Commission, therefore, proposed different ways to make contract law more coherent in a Green Paper adopted today. Among the policy options considered are: - The publication on the web of (non-binding) model contract rules which could be used in Europe's Single Market. - A (binding or non-binding) “toolbox” for EU lawmakers when they adopt new legislation to ensure better and more coherent rules. - A Contract Law Recommendation that would call on EU Member States to include a European contract law into their national legal systems, thereby partly following the model of the United States where all but one of the 50 states voluntarily adopted the Uniform Commercial Code. - An optional European Contract Law (or a "28th system"), which could be chosen freely by consumers and businesses in their contractual relations. This optional law would be an alternative to the existing national contract laws and would be available in all languages. It could apply in cross-border contracts only, or in both cross-border and domestic contracts. It would have to guarantee a high level of consumer protection and legal certainty throughout the life cycle of a contract. - Harmonisation of national contract laws by means of an EU Directive. - Full harmonisation of national contract laws by means of an EU Regulation. - The creation of a full-fledged European Civil Code, replacing all national rules on contracts.
I think it's wonderful that Heather Ann Tucci-Jarraf has decided to go after everyone with money, on behalf of everyone else. I also think it's great that the people' energy is, somehow, listed as an asset in a UCC filing.
Definition of 'Beneficiary'
Anybody who gains an advantage and/or profits from something.
In the financial world, a beneficiary typically refers to someone who is eligible to receive distributions from a trust, will or life insurance policy.
Beneficiaries are either named specifically in these documents or they have met the stipulations that make them eligible for whatever distribution is specified.
foreclose ... (in plain English) immediately terminate the equitable right of redemption and take both legal and equitable title to the property
Trustees have certain duties. These include the duty to:
* Carry out the expressed terms of the trust instrument
* Defend the trust
* Prudently invest trust assets
* Be impartial among beneficiaries
* Account for actions and keep beneficiaries informed
* Be loyal
* Not delegate
* Not profit
* Not be in a conflict of interest position
* Administer in the best interest of the beneficiaries
In business and finance terms, a straw man also serves as a dummy but this time with the specific purpose of hiding the identity of the person or firm behind the business or financial transaction.
However, in some cases the straw man may not even be allowed to find out who he is really representing and could only communicate with them through a middle man. Straw men may or may not be aware of the illegal transaction of the business and usually accept the position due to the relatively huge financial reward that goes with the work.
Originally posted by fourthmeal
reply to post by Crakeur
Nope, common law and universal law are very clear.
Do not harm another.
Originally posted by Crakeur
reply to post by tinhattribunal
you clearly don't understand how the law works. I know, you are using court of public opinion law and some alien laws that aren't earthbound but, sadly, those laws don't work here.
good luck on the foreclosures.
I'd like to ask the same question I asked earlier of another member.
are all of you TOPPT believers filing your UCC filings? Are you no longer paying your mortgages or your rent? Are you not filing, and paying, your taxes?