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In jurisprudence, a de facto law (also known as a de facto regulation) is a law or regulation that is followed but "is not specifically enumerated by a law." [ 4 ] By definition, de facto 'contrasts' de jure which means "as defined by law" or "as a matter of law."
A de facto standard is a custom or convention that is commonly used even though its use is not required. De facto is a Latin phrase (literally " of fact "), here meaning "in practice but not necessarily ordained by law" or "in practice or actuality, but not officially established".
De facto corporation and corporation by estoppel are both terms that are used by courts in most common law jurisdictions to describe circumstances in which a business organization that has failed to become a de jure corporation (a corporation by law) will nonetheless be treated as a corporation, thereby shielding shareholders from liability.
In other cases, two or more partially recognised states may claim the same territorial area, with each of them de facto in control of a portion of it (for example, North Korea and South Korea, or the Republic of China (Taiwan) and the People's Republic of China). Entities that are recognised by only a minority of the world's states usually ...
de facto: by deed: Said of something that is the actual state of affairs, in contrast to something's legal or official standing, which is described as de jure. De facto refers to "the way things really are" rather than what is officially presented as the fact of the matter in question. de fideli: with faithfulness
De facto denials can occur because of underpayment or non-payment, even if a written approval is also provided. This occurs if the reimbursement approved by the claim is insufficient for the enrollee, worker or patient to receive needed and approved services.
De Facto, also known as partial exclusive dealing, [15] occurs in the presence of: Loyalty discounts , a discount when buyer purchases majority of goods from one supplier [ 16 ] Slotting allowances , the supplier pays a fee to secure shelf space from the buyer
The de facto merger doctrine states that courts will look to substance over form when determining whether statutory merger law applies to a company's shareholders.Thus, where an asset acquisition leads to the same result as a statutory merger, these jurisdictions demand that shareholders are given the same rights as in the statutory merger.