Common law relies upon particular cases, and sometimes prior decisions, instead of statutes, when deciding a case. Learn more about the definition...
A group of lawyers helped train a generative AI tool called KAI, which allows 1,100 staff across Spain to access eight AI “personas”. Seven mimic “experts” trained in specific practice areas of law, while the eighth helps deal with automating general internal inquiries. DLA Piper O: 7;...
Entrepreneurs and business owners need to understand the basics of intellectual property (IP) law to best protect hard-earned creations and ideas from unfair competition. Intellectual property includes distinctive items that someone has created and ones that give the owner an economic benefit. ...
Several common types of contracts exist in the business world. For example, a non-disclosure agreement is used by companies who are dealing with potential employees, clients, or vendors and need to protect confidential and private information. If the signer of the non-disclosure agreement shares ...
What Is Common Law? - Definition & Examples from Chapter 4 / Lesson 16 114K Common law relies upon particular cases, and sometimes prior decisions, instead of statutes, when deciding a case. Learn more about the definition of common law and read some examples demonstrating this...
Partnership Agreements are very common in business. Understand what a business partnership agreement is, explore the elements of a business partnership contract, and review an example of a partnership agreement. Updated: 11/21/2023 Table of Contents What Is a Partnership Agreement? Elements of a...
Practice of law Business of law Risk management © Erdem Sahin/EPA-EFE/Shutterstock Standout World Bank: Winner Originality: 8; Leadership: 8; Impact: 9; Total: 25 Historically, vulnerable and poorer families in Turkey have been unable to access its mortgage market to retrofit or rebuild hous...
Title of Source, Publisher, Year, URL (if applicable). Example: Porter, Michael E. Apple Inc.: Managing a Global Supply Chain. Harvard Business Publishing, 2019. Citation Example in APA (7th Edition) Author Last Name, First Initial(s). (Year). Title of case study (Report No. if ...
Incidental expenses are minor costs, such as gratuities, that are incurred in addition to business expenses. Incidentals ancillary to the costs of transportation, meals, and lodging are most common when an employee travels for work. Reimbursement of incidental expenses, if any, is a matter of co...
A more generic example of fiduciary duty lies in the principal/agent relationship. Any person, corporation, partnership, or government agency can act as a principal or agent as long as the person or business has the legal capacity to do so. Under a principal/agent duty, an agent is legally...