Transacting Business Law and Legal Definition
The term “transacting business” can be defined “as purposeful activity--'some act by which the defendant purposefully avails itself of the privilege of conducting activities within the Forum State, thus invoking the benefits and protections of its laws.'" NewMarkets Partners LLC v. Sal. Oppenheim Jr. & CIE, 638 F. Supp. 2d 394, 402 (S.D.N.Y. 2009)
Legal Definition list
Related Legal Terms
- Affected Item of Business
- Affiliated Business Arrangement
- Agribusiness
- Alternative Fuels Business
- Awarding Agency [Business Credit and Assistance]
- Base Closure Area [Small Business Administration]
- Better Business Bureaus
- Bill of Sale (Business)
- Branch or Additional Business Facility [Agricultural Marketing Service]
- Bureau of Economic, Energy, and Business Affairs [EEB] [Department of State]