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 for evaluating the effectivene...
In legal terms, when someone accepts an offering they are agreeing to comply with the terms made in the offer. Acceptance can be used in a number of situations such as: In insurance law, when an insurer agrees to the person's application for insurance and in turn will issue them a ...
In legal terms, when someone accepts an offering they are agreeing to comply with the terms made in the offer. Acceptance can be used in a number of situations such as: In insurance law, when an insurer agrees to the person's application for insurance and in turn will issue them a ...
also known as a debtor, is a natural or legal person who is legally or contractually obliged to grant an advantage or payment to others. In the financial context, the term “debtor” refers to a bond issuer
Utility patentsor patents for invention issue legal protection to those who invent a new and useful process, an article of manufacture, a machine, or a composition of matter. Utility patents are the most common type of patent. More than 90% of patents issued by the U.S. government fall in...
The rules of a trust depend on the terms on which it was built. A trust can be used to determine how a person’s money should be managed and distributed while that person is alive or after their death. A trust is one way to provide for an underage beneficiary. Once the beneficiary ...
t before you issue or sign an NDA. Make sure that there are well-defined explanations for terms such as financial information, trade secrets, and intellectual property so there can be no misunderstanding of what is included in the NDA’s scope. Definitions that are considered to be too broad...
1099-OID: Original Issue DiscountWhen you hold bonds or certificates of deposit (CDs) that were issued at an amount less than the face value, you typically recognize as income a portion of this discount each year until the bond is redeemed or it reaches its full matured value. Form 1099-...
LEGAL FORMALISM AND LEGAL REALISM: WHAT IS THE ISSUE? Brian Leiter * bleiter@uchicago.edu to appear in Legal Theory (2010) In teaching jurisprudence, I typically distinguish between two different families of theories of adjudication, theories of how judges do or should decide cases. ...
The main agents involved in the legal hold process The steps to take when creating and issuing a legal hold For reference, here’s an example of alegal hold policyfrom the American Board of Pediatrics. There is no “one size fits all” solution when it comes to corporate legal hold polici...