What is the definition of commercial judgment?
Uses knowledge and understanding of company and the market place
to make sound decisions to achieve financial goals and grow the
Business Judgment is the rule stating that directors of corporations will not be held personally liable for unwise business decisions providing that the directors made an informed decision and that decision was not tainted by self-interest.
commercial cooking: cooking that is not residential (i.e., not in a single dwelling unit). Also exempt is cooking using only residential equipment in an approved operation not in an assembly occupancy, with the necessary fire extinguishers available. There is no specific definition for "commercial cooking" within NFPA 96.
Illinois state law makes their use illegal only in commercial vehicles. However, the definition of a commercial vehicle under Illinois law may be more broad than the definition of commercial vehicles under the FMCSR, and may include vehicles not within the jurisdiction of the FMCSR, such as courier vans, taxi cabs, limousines, etc.
A creditor must sue in civil court, obtain a judgment and then request a judgment lien that can be recorded in the land records. A judgment can be rendered for different types of debts such as default on a promissory note, credit card debt, personal injury award, wrongful death, etc. Once a judgment lien is recorded in the land records the property cannot be sold or mortgaged until the lien is paid off. Interest begins…