Law Dictionary Definitions

best evidence.See EVIDENCE. [Blacks Law 8th]

best endeavors.See BEST EFFORTS. [Blacks Law 8th]

best embodiment.See BEST MODE. [Blacks Law 8th]

best-efforts underwriting.See UNDERWRITING.[Blacks Law 8th]

best edition.Copyright. A particular version of a copyrighted work that is published in the U.S. before the date of deposit and that is designated by the Library of Congress, in its discretion, as the most suitable for its purposes. • Two copies of a copyrighted work, in the selected best-edition form, must be deposited with…

best-efforts contract.See CONTRACT.[Blacks Law 8th]

best efforts.Diligent attempts to carry out an obligation <the contractor must use best efforts to complete its work within the stated time>. • As a standard, a best-efforts obligation is stronger than a good-faith obligation. Best efforts are measured by the measures that a reasonable person in the same circumstances and of the same nature…

best bid.See BID(1).[Blacks Law 8th]

bespeaks-caution doctrine.Securities. The principle that if soft information in a prospectus is accompanied by cautionary language that adequately warns investors that actual results or events may affect performance, then the soft information may not be materially misleading to investors. • Soft information includes forecasts, estimates, opinions, and projections about future performance. The doctrine was codified…

besluit (bi-sloyt), n.[Dutch “decision”] Roman–Dutch law. A legislative resolution or decree.[Blacks Law 8th]