money & the law library

 

Money & the Law intersect in many interesting and often controversial ways. Check out the Money & the Law channel to see what happens when these two powerful forces cooperate or collide.

Featured Article:  How Patents Work

The inventor's best friend (or worst enemy) is the patent system: If you're the first to come up with an idea, it's yours. But, if somebody beat you to it, it's back to the drawing board. Learn about patents. See more »

How Bail Works

How Bail Works

We hope you'll never need to know the ins-and-outs of getting out of jail. Bail allows people to leave jail and continue their lives while awaiting trial. How does the bail system work?

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How Insider Trading Works

How Insider Trading Works

Insider trading has a notorious and unsavory reputation, but few people know that it's a legal -- but tightly regulated -- act that takes place every single day. When does insider trading cross the line into illegal territory?

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How Patents Work

How Patents Work

The inventor's best friend (or worst enemy) is the patent system: If you're the first to come up with an idea, it's yours. But, if somebody beat you to it, it's back to the drawing board. Learn about patents.

See more »
What if I removed the tag from my mattress?

What if I removed the tag from my mattress?

Most of us have heard that we're not supposed to remove the tags from our mattresses or pillows because it violates some kind of law. What's the big deal?

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8 Outrageous Lawsuits

8 Outrageous Lawsuits

From suing over too-hot coffee to a misplaced pair of pants, Americans seem to be in a litigious state of mind. Living in a democratic society gives us the benefit of using the judicial system in order to settle disputes. See 8 outrageous lawsuits.

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Abstract of Title

Abstract of Title, a summary that gives the essential facts of all deeds, mortgages, releases, or other transactions affecting the title or legal right to a tract of land.

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Adoption

Adoption, in law, the act of taking a child of other parents into one's family as a son or daughter.

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Affidavit

Affidavit, in law, a sworn statement in writing. An affidavit must follow a formalized pattern and must be sworn to and signed before a notary public or other officer entitled to administer oaths.

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Agent

Agent, in law, a person who is authorized to transact or manage some business for another person or for a company, called a principal.

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Alimony

Alimony, in law, an allowance paid by a man or woman, under a court order, to his or her former marriage partner.

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Annulment

Annulment, in law, a judgment of a court that a marriage was void from its beginning.

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Appraisal

Appraisal, a formal valuation of property. The property may be real estate, personal possessions, or both.

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Attachment

Attachment, the act or process of taking, apprehending, or seizing persons or property and bringing them into the custody of a court.

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Benevolences

Benevolences, in English history, forced loans or gifts exacted by kings from their subjects without legal authority.

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Bill of Lading

Bill of Lading, a written receipt issued by a transportation company to a shipper.

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Board of Trade

Board of Trade, a term with several meanings. In the United States, the term is sometimes used to refer to a commodity exchange.

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Bond, Surety

Bond, Surety, a guarantee of the performance of an obligation. It protects a person against loss when another person fails to perform something he agreed to do.

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Breach

Breach, in law, any breaking of a legal duty or obligation. The word is used in many legal phrases.

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Bylaw

Bylaw, a rule or regulation made by a corporation, club, or society for the government of its own affairs.

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Charter

Charter, a document issued by a ruler or a central government granting or guaranteeing certain rights.

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