Coverture :Coverture. N. In common law, the legal state of a married woman, which was generally merged with that of her husband, leaving her without the right to own property or enter contracts on her own.
Extinguishment :Extinguishment. N. The end of a right or contract by agreement between the parties or by operation of law.
Futures Contract :Futures Contract. N. An agreement to buy shares of a commodity at a fixed price but with delivery and payment occurring at an agreed-upon date in the future; if the price of the commodity rises during that period, the seller pays the buyer the difference between the agreed price and the current price, [...]
Infringe :Infringe. V. To encroach or trespass on something; to violate the terms of a contract, right, or law; to violate a copyright, patent, or trademark by using it without permission or payment to the owner.. N. infringement.
Interpret T :Interpret. V. T To ascertain or explain the meaning of something, such as a statute, contract, or other document; to explain the meaning of the language of a law or other legal document without venturing into legal intentions and consequences.. N. interpretation. . See also construe, construction.
Legal Duty :Legal Duty. N. An obligation required by law, such as the duty of parents to care for their children or the duty arising from a contract; also called a legal obligation. legalese. N. The formal language used in legal documents; especially refers derogatorily to unnecessarily complex and opaque language that is extremely difficult [...]
Mailbox Rule :Mailbox Rule. N. A doctrine in contract law stating that an offer is accepted at the time a written acceptance is deposited in the mail. mail fraud. N. Using letters sent through the mail to defraud people out of money.
Acceptance :Acceptance. N. In contract law, voluntarily consenting to an offer, which then creates a binding contract.
abatement n. 1. (of debts) The proportionate reduction in the payment of debts
that takes place if a person’s assets are insufficient to settle with his creditors in
full. 2. (of legacies) The reduction or cancellation of legacies when the estate is
insufficient to cover all the legacies provided for in the will or on intestacy after
payment of [...]
Accident Law
Auto Accident, Boating Accidents, Bus & Train Accident, Construction Accident, Motorcycle Accident, Slips & Falls, Wrongful Death, Amusement Park – Playground Accidents, Bike Accidents, Pedestrian Accidents, Swimming Pool Accidents, Truck & SUV Accidents
Bankruptcy Law
Business Bankruptcy, Chapter 11, Consumer Bankruptcy, Chapter 7, Chapter 13, Collections, Credit Problems, Creditor Rights
Business Law
Franchise Law, Starting a [...]