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Most Popular Legal Definitions
lex loci
Latin, the law of a place as in where a right was acquired or a liability
incurred.
distress
A common law remedy available to landlords to hold the tenant's belongings while
the tenant is behind on rent but continues to occupy the premises.
fungibles
Goods which are comprised of many identical
parts, such as a bushel of grain, and which can be easily replaced by identical
goods.
prohibition
A legal restriction against the use of something or against certain
conduct.
buy-sell agreement
contract among owners of a business which provides terms for their purchase of a
withdrawing partner's or stockholder's interest in the enterprise
preferred shares
A share in a company that has some kind of special right or privilege attached
to it.
conscientious objector
an individual following religious or moral law that disallow them from entering
armed services
attorney at law
the official title of a lawyer in many countries
suffering
The pain, hurt, inconvenience, embarrassment
and/or inability to perform normal activities.
green card
entitlement for an alien to work and reside in
the United States on a permanent basis