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Most Popular Legal Definitions
antenuptial (prenuptial) agreement
written contract between two people about to marry; setting out the terms of of
possession of assets, treatment of future earnings, control of the property of
each, and potential division if the marriage is later dissolved
dangerous offender
person convicted of serious crimes and who is likely to re-offend
appeal
1) to ask a higher court to reverse the decision
of a trial court after final judgment or other legal ruling 2) the name for the
process of appealing, as in "he has filed an appeal"
caveat emptor
Latin for "let the buyer beware." The basic premise that the buyer buys at
his/her own risk and therefore should examine and test a product himself/herself
for obvious defects and imperfections.
tax
A governmental assessment (charge) upon property value, transactions, licenses
granting a right and/or income.
loss of bargain
the inability to complete a sale of other business deal, caused by another's
breach of contract, intentional interference with one's business, negligence or
some other wrongdoing.
intellectual property
As a type of property, intellectual property has the unique characteristic of
being ethereal, of the mind, as opposed to real property, which is tangible.
marshal
similar to a sheriff; a United States officer whose duty is to carry out the
process of the courts
jurisprudence
Legal decisions which have developed and which accompany statues in applying the
law against situations of fact.
acceleration clause
most often found in promissory notes for installment payments of real property,
it requires that the property be sold and the resulting amount of the note be
due immediately