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In Law, What Is a Third Party?

In regards to a contract or other legal relationship between two parties, a third party is considered one who isn't legally bound to the given contract through any legal obligations, but still has some interest in the contract's outcome, be it financial gains or another type of benefits.

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Why Are Legal Pads Yellow?

Legal pads are considered one of the most popular notepads used by students, scholars, teachers, lawyers, and other erudite individuals. It is called a legal pad because of its association with lawyers who have used this type of notepad for decades. However, a legal pad is defined by the 1.25-inch...

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What Is a Legal Service Plan?

A legal service plan is a special type of legal service offered by most attorneys, which is aimed at individuals or organizations that frequently need the services of a legal attorney.

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What Is a Legal Precedent?

Some court cases often set a milestone or an example for other court cases to follow. This is because such cases are often necessary to judge based on the circumstances rather than the actual letter of the law. When this happens, the court case is said to be a legal precedent, or a legal ruling...

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What Is Legal Separation?

There are instances when a married couple may no longer wish to live as a married couple. Many options are available in order for this to happen. One such option provides that a married couple only live apart, and provide conditions and stipulations with regards to shared properties, child support...

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What Does Legally Binding Mean?

Legally binding agreements are terms undertaken during a contract. Legally binding means that one agrees with the terms under a written or spoken contract to behave in certain ways. Legally binding agreements indicates that an arrangement has been consciously made, and certain actions are now either...

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What Is Legal Tender?

Legal tender refers to the money that is issued by the government and that is accepted as the main means of payment. The term legal tender is usually applied to the bills and coins that the government makes. The government lays down the rules and regulations that apply to use creation, distribution,...

The 14 Most Ridiculous Lawsuits Filed by the RIAA and the MPAA

The 14 Most Ridiculous Lawsuits Filed by the RIAA and the MPAA

Nine years ago the RIAA won a groundbreaking suit against Napster.com in what would become the beginning of a nearly decade-long flood of litigation. The incident seemed to be a tipping point for the Entertainment Industry, as both the RIAA and MPAA up until then had enjoyed little success in...

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In Law, What Is a Summary Order?

A summary order also known as summary disposition, summary opinion or abbreviated disposition is a legal decision issued by the court without issuing a legal opinion. A summary order can be used in simple legal cases at various levels. Summary order is most commonly used in appeal courts, where...

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What Is Legal Negotiation?

In the course of a court case, a legal counsel representing either the plaintiff or the defendant may enter into negotiations with the opposing counsel in order to come to an agreement rather than a court decision. Negotiations under these circumstances are referred to as legal negotiations. The...