District of Columbia Clauses Relating to Venture Ownership Interests
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FAQ
(1) ?Beneficial owner? means the owner of a beneficial interest in a statutory trust or foreign statutory trust.
Ct. App. 2006) (?The elements of a breach of contract claim are: (1) the existence of a valid contract; (2) the plaintiff's performance or tendered performance; (3) the defendant's breach of the contract; and (4) damages as a result of the breach.?)
Constitutional provisions The phrase "exclusive legislation in all Cases whatsoever" has been interpreted to mean that Congress is the ultimate authority over the District, thereby limiting local self-government by the District of Columbia's residents.
Under the District Clause of the Constitution (Article 1, Section 8, Clause 17), the U.S. Congress continues to exercise authority over DC local affairs. Congress reviews all DC legislation before it can become law. Congress can modify or even overturn such legislation.
The District Council is the legislature for the District of Columbia. All races for Council are partisan, with two seats reserved for members who are not from the majority party. Of the 13 Council members, four are elected at-large, as is the Chair, and eight are elected from one of the District's eight wards.
In both DC and Virginia, the 'proponent of an oral contract has the burden of proving all the elements of a valid and enforceable contract'. Both jurisdictions will enforce an oral contract so long as it does not violate the statute of frauds and the essential elements of a contract are satisfied.
The Mayor of the District of Columbia is the head of the executive branch. The Mayor has the duty to enforce city laws, and the power to either approve or veto bills passed by the council.
The Constitution dictates that the federal district be under the jurisdiction of the US Congress. Washington, DC operates as a state while also performing functions of a city and a county. We are treated as a state in more than 500 federal laws. We are leaders in a region of 4 million people and growing.