Predating a document prior to the date it was actually drawn, which does not affect its negotiability.
Bad Faith
Fraud; the intent to mislead or deceive; conscious doing of a wrong for dishonest purposes.Differs from negligence in that the person is operating with furtive design or ill will.
Bail Bond
A bond which guarantees the appearance of a person in court to answer a legal summons. Failure to appear forfeits the bond amount.
Bailee
In the law of contracts and property. One to whom goods or property are entrusted. Can be either gratuitous (for no consideration) or for hire (for Consideration).
Bailee For Hire
One who has temporary possession of personal property of others for a purpose other than sale and who in compensated for caring for it.
Bailee’s Lien
Bailee’s right to retain goods in his possession (bailed goods) for payment of services.