Setoff is a legal term that has been used for centuries to adjust the amount of money that one party owes to another in a legal dispute. This is typically done by subtracting the amount of money that one party owes from the amount of money that the other party owes, resulting in a ne...
What does a forward slash mean in legal documents? In the legal field, we sometimes use slashes to indicatethat there is nothing following the text when there is extra space at the end of a page. ... An example would be when a heading falls at the bottom of the page in a brief. W...
What does 'without due process of law' mean? What are some landmark legal cases that recently set precedent for evolving societal norms? Original jurisdiction refers to In a court case, amicus curiae literally means what? What does the term 'religion' mean under the First Amendment?
While FOB status doesn't determine ownership (which is in the bill of sale or separate agreement), it does say which party assumes responsibility for the shipment at different points in the journey. The two main types of FOB are: FOB Origin: The buyer takes responsibility for the goods as...
You must not use the what3words Products or any part of the what3words IP for any re-sale or sub-licensing purposes, in each case whether for a fee or otherwise (this does not refer to linking to our Website, which is covered by clause 8). You must not create, store, publish, ...
In a buyer's market, or just to make the deal go through, you might agree to pay some of the closing costs. This is referred to as a seller concession, seller contribution or seller credit — these terms all mean the same thing. Agreeing to cover the cost of necessary repairs found ...
How Does Garnishment Work? Garnishment works by creditors obtaining a court order or judgment that authorizes them to collect the owed funds directly from the debtor's income or assets. Once the court order is granted, the creditor can proceed to garnish wages by instructing the debtor's employe...
What does Recidivism mean? In legal contexts, recidivism refers to a person’s relapse into criminal behavior, often after having been previously convicted and penalized for similar or other crimes. When someone re-offends, they are described as a “recidivist.” Recidivism is a critical metric ...
What Does Business Continuity Include? In its simplest terms, business continuity is the idea that an organization will continue operations in spite of disasters, events, nefarious acts, or other calamities that temporarily interrupt the ordinary course of business. It includes the following: Assessing...
I believe that what TikTok does isn’t that different from other companies that are U.S.-based,” Bietti said, pointing to tech giants ranging from Google to Amazon. “The question is, ‘Why ban TikTok and not the activities and the surveillance carried out by ...