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.
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 »
The phrase intellectual property (IP) refers to the bundle of legal rights that arise from the creative genius of the human mind. Intellectual property has become an issue as the digital music market expands. Learn how it works.
See more »A trademark is concerned with a company's need to identify its goods or services among its customers and potential customers. Trademarks, such as Nike or Coca Cola, are known throughout the world.
See more »Inheritance, in law, money, property, or titles received from a person who has died.
See more »Insanity, in law, a general term for mental unsoundness and incompetence. Insanity in legal language signifies that a person is unable to manage himself or his affairs, or is in need of care or control, or is not to be held legally responsible for his actions.
See more »Joint Tenancy, a form of property ownership. (Tenancy, in this instance, does not signify renting or leasing.) In joint tenancy, real or personal property (including bank accounts) is held under a single title by two or more persons.
See more »Judgment, in law, the final decision by a judge as to the application of the law in a case that has been tried or heard in court.
See more »Land Tenure, the legal manner in which land is held. Tenure is from the Latin tenere, “to hold.
See more »Libel and Slander, in law, false statements that tend to harm the reputation of a person and expose him or her to public hatred, contempt, or ridicule, or to criminal prosecution.
See more »Living Will, a document indicating whether an individual wants to receive life-prolonging treatments if he or she were to become terminally ill and unable to make his or her wishes known.
See more »Malpractice, in law, a violation of professional duty that causes physical, emotional, or financial damage to a person receiving services from a physician, dentist, lawyer, or other professional.
See more »Mandamus, (Latin for “we command”), in law, a writ (order) issued by a judge that commands the performance of an act required by law.
See more »Minor, in law, a person who has not reached majority, that is, the age at which he or she is accorded full rights as a citizen and as an adult.
See more »Negligence, in law, carelessness that results in injury to a person or damage to property.
See more »Next of Kin, in law, the nearest blood relatives of a person. In law, the term usually does not include a wife or husband, but it does in common speech.
See more »Notary Public, or Notary, a public officer authorized by law to authenticate affidavits, deeds, contracts, and other legal papers and to administer oaths.
See more »Nuisance, in law, an act, practice, or condition that causes annoyance, discomfort, or damage to other persons.
See more »Option, in law, a contract that gives one party in the contract the right of choice between two or more courses of action.
See more »Parent and Child, in law. The rights and duties in the family relationship are defined by law.
See more »Partnership, in law, a form of business organization in which two or more persons jointly own the business, share in its profits, and are personally liable for the payment of its debts.
See more »Personal Property, or Personalty, property that is generally movable, in contrast to real property, or realty, which is generally immovable.
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