The Dram Shop Act refers to state laws defining the liabilities of tavernkeepers who serve alcoholic beverages to intoxicated patrons, establishing that this practice creates unreasonable risks of harm and results in charges of negligent conduct and legal liability.
Dual Contract refers to the illegal or unethical practice of providing two different contracts for the same transaction. The one with a larger amount is generally used to apply for a loan, while the actual contract reflects a lower amount.
Due Care refers to the degree of care that a person of ordinary prudence and reason, a 'reasonable man,' would exercise under specific circumstances. It is a critical concept in tort law used to determine the standard of care or legal duty one owes to others, indicating a fundamental legal obligation. Negligence is characterized by the failure to exercise due care.
A comprehensive guide to understanding due dates in financial and legal contexts, covering various types of payments including debt, tax, and interest.
A comprehensive overview of the procedures the government must follow to legally restrict or condemn an individual's property rights, ensuring fair treatment and proper notification.
Election is the process of deciding or choosing a particular course of action. In legal contexts, it can refer to decisions such as incorporating specific provisions in wills.
The Electronic Communications Privacy Act (ECPA) is a U.S. law enacted in 1986 that prohibits unlawful access and certain disclosures in various forms of wire and electronic communications. It also restricts government access to electronic communications without proper procedure.
Electronic Signature - A secure method for sending identity verification and approval for contracts or agreements over the Internet using security measures like a PIN.
The Employee Retirement Income Security Act (ERISA) of 1974 established guidelines for managing private pension funds, eased pension eligibility rules, and created the Pension Benefit Guaranty Corporation (PBGC) to protect beneficiaries.
Understanding the Employer's Contingent Lien Against Assets Liability relating to the Pension Benefit Guaranty Corporation's claim upon pension plan termination.
Understanding Employer's Liability Acts, their historical context, and their distinction from Workers' Compensation laws. Learn about employer duties, negligence, and the legal implications of these statutes.
An in-depth analysis of the formal agreement that defines the relationship, roles, and responsibilities between an employer and an employee, ensuring compliance with Affirmation Action laws and prohibiting discrimination.
Encroachment refers to a building, part of a building, or obstruction that physically intrudes upon, overlaps, or trespasses upon the property of another; verified by a survey.
A comprehensive examination of encumbrances - rights or interests in real property that do not prohibit the transfer of title but diminish property value.
Understanding the different legal forms of ownership, including Corporation, S Corporation, Sole Proprietorship, Joint Venture, Limited Partnership, Partnership, Tenancy in Common, Joint Tenancy, Limited-Liability Corporation, Limited-Liability Partnership, and Real Estate Investment Trust (REIT), and the benefits and risks associated with each.
An in-depth look at the Equal Credit Opportunity Act, federal legislation aiming to prohibit discrimination in credit transactions based on personal characteristics and financial status.
The Equal Employment Opportunity Commission (EEOC) is a federal agency in the United States tasked with enforcing laws against workplace discrimination based on race, color, religion, sex, national origin, age, disability, or genetic information. This comprehensive entry covers its roles, responsibilities, history, and impact on employment practices.
The essential purpose of the constitutional doctrine of Equal Protection of the Laws, embodied in the Fourteenth Amendment to the U.S. Constitution, is to ensure that the laws and the government treat all persons alike, unless there is some substantial reason why certain persons or classes of persons should be treated differently.
The Equal Rights Amendment (ERA) aims to eliminate sex-based discrimination in laws. Though not ratified, its principles shape many statutes and court decisions.
Comprehensive overview of equitable distribution, focusing on the fair division of property among interested persons, its historical context, applications, and related concepts.
A comprehensive act that establishes minimum standards for pension and health plans in private industry to provide protection for individuals in these plans.
An escape clause is a provision in a contract that allows one or more parties to cancel all or part of the contract if certain events or situations do or do not occur.
The designation Esquire (Esq.) is a professional title used for lawyers in place of a preceding honorific, such as 'Mr.' or 'Ms.'. It signifies a person's status and role within the legal profession.
An in-depth exploration of the concept of 'Estate' in the context of ownership, including real property and personal property, and the nature and extent of interests in land.
An Estate in Severalty refers to the exclusive ownership of a property by a single individual, distinguishing it from forms of joint ownership. This entry explores the concept, legal implications, examples, and related terms.
Estate Planning encompasses strategies and processes for managing, transferring, and protecting one's estate upon death, ensuring minimal tax costs, and fulfilling the owner's wishes effectively. This includes drawing up wills, setting up trusts, and other crucial components.
An in-depth guide to estate planning distribution, including methods for distributing property during one's lifetime and posthumously through wills and state law.
Understanding Estate Tax Payable, a critical concept in taxation, involves calculating the amount due after various deductions from the Tentative Estate Tax.
Estoppel is a legal principle that prevents a person from denying or asserting something contrary to what is implied by a previous action or statement of that person or by a previous pertinent judicial determination.
Comprehensive coverage of the legal concept of estovers, detailing the rights of tenants, types of estovers, historical context, and related legal terms.
ET UX. is an abbreviation for 'et uxor', a Latin phrase meaning 'and wife', used in old legal documents like wills and deeds to refer to a wife along with her husband.
Eviction is the physical expulsion of someone from real estate by the assertion of superior title or through legal proceedings. This entry discusses types, processes, and implications of eviction.
Actual eviction refers to the removal of a person from a property, either by force or by due process of law. This legal term encompasses physical removal and has significant implications in landlord-tenant relationships.
Overview of constructive eviction, a legal concept where through the landlord's fault, physical conditions of a property render it unfit for its leased purpose.
Ex Post Facto laws refer to legislation that retroactively changes the legal status or consequences of actions that were committed before the enactment of the law. Such laws are generally prohibited by the United States Constitution.
An executed contract is a contractual agreement whose terms have been fully performed and fulfilled by all parties involved. This contrasts with an executory contract where obligations remain pending.
Execution Law pertains to the signing, sealing, and delivering of contracts or agreements to make them valid, as well as carrying out securities trades in financial contexts.
An executor (executrix) is a person designated to carry out the wishes expressed in a will regarding the administration of the estate and the distribution of its assets.
A detailed explanation of the term 'executory,' its usage in legal contexts, and its implications in various scenarios including contracts, estates, and transactions.
Explore the role, qualifications, and importance of an Expert Witness in legal proceedings, along with historical context, related terms, and frequently asked questions.
Expiration refers to the date on which a contract, agreement, license, magazine subscription, etc., ceases to be effective. In options trading, it denotes the last day an option can be exercised.
Express Authority refers to the clear and unequivocal granting of authority, either orally or in writing, to act on another's behalf. It is explicitly communicated and not inferred from circumstances.
An in-depth exploration of the Fair Credit Billing Act (FCBA), a federal law designed to address credit complaints and eliminate abusive billing practices.
Fair Trade in Retailing: Agreements between manufacturers and retailers to sell products at or above an agreed price. Historical overview and legislative impact.
Fair use allows the quotation or reproduction of a small portion of copyrighted material without requiring the permission of the copyright holder, under specific conditions.
Falsify refers to the act of altering or manipulating information, documents, or data in order to deceive others. Such actions can have significant legal, ethical, and societal consequences.
Detailed explanation of Familial Status, its significance under Fair Housing Law and Fair Credit Reporting Act, and its impact on rights regarding housing and credit.
An overview of the Federal Trade Commission (FTC), its history, roles, responsibilities, and its impact on consumer protection and antitrust regulations in the United States.
Fee in the context of real property refers to an estate of complete ownership that can be sold or devised to heirs. Additionally, a fee can signify the cost of professional services.
Fee Simple, or Fee Absolute, represents the most complete ownership of real property, with unconditional power of disposition during the owner's life, and inheritance rights upon death.
Comprehensive explanation of Fiduciary Bond, including its different types, legal implications, examples, and historical context. See also Judicial Bond.
Also known as the Gramm-Leach-Bliley Act, this 1999 law repealed sections of the Glass-Steagall Act and the Bank Holding Company Act of 1956, facilitating affiliations among banks, securities firms, and insurance companies.
A Fixed-Price Contract is a type of contract where the price is predetermined and remains unchanged, regardless of the actual costs incurred during production.
The Fleet Factors decision clarified a lender's potential exposure to liability for environmental cleanup if the lender acquires property by foreclosure.
Originally referring to a swindler who fled hurriedly from a business situation after his modus operandi had been discovered by the locals, it now refers to a shady business, often operating out of a post office box or accommodation address, that cannot be located when its merchandise or product proves unsatisfactory.
A forensic accountant combines accounting, investigative, and legal expertise to uncover and analyze financial discrepancies, fraud, and hidden assets in legal disputes.
Forfeiture refers to the permanent loss of property for failure to comply with the law, involving the divestiture of the title of property without compensation for a default or an offense.
A detailed overview of the FORM model of legal documents, emphasizing the importance of precision in language, procedural correctness, and common phrases and words of art.
Fractional Interest refers to the ownership of some but not all rights in real estate. Examples include easements, hunting rights, and leasehold properties.
Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.