Defamation

Defamation meaning in law Defamation is a legal term that refers to any statement made by a person, whether verbal or printed, that causes harm to another person’s reputation or character. A defamatory statement made in writing, or “published,” it is considered “libel,” a defamatory statement that is spoken is considered “slander.” Defamation is not considered a criminal act, but […]

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Implied Warranty of Merchantability

An implied warranty of merchantability is an “assumed” warranty that a product will work for the purpose for which it is intended. This implied warranty applies even when there is no printed or verbal warranty provided when the item is purchased. This type of warranty protects consumers from purchasing defective or misrepresented items. For example, if Greg purchases a heater […]

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Concurring Opinion

In courts where more than one judge, or “justice,” hears cases, such as a state or the federal Supreme Court, or some appellate courts, a majority agreement is required to make a ruling one way or another. In the event some of the judges agree with the decision of the majority, though for different reasons, those judges may write a […]

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Automatic Stay

An automatic stay in the United States relates to bankruptcy law. The stay is an automatic injunction that halts any action by creditors once a person formally files a bankruptcy petition. This means that the creditors must stop trying to collect debts from a debtor that has declared bankruptcy. An automatic stay remains in effect until the debtor receives a […]

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Default Judgment

In the event that one party to a civil lawsuit or other civil court action fails to appear at a scheduled hearing, or fails to respond to a summons after having been officially served, the other party may be awarded the judgment they are seeking. Default judgments are most often awarded to plaintiffs when the defendant fails to respond, but […]

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Limited Liability Company

A limited liability company is a U.S. form of privately owned company that combines the limited liability of a corporation with the simplified taxation of a sole proprietorship or partnership. Owners of a limited liability company, referred to as an “LLC,” report the company’s profits and losses on their personal income tax returns, rather than preparing separate corporate tax returns. […]

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Estoppel

Estoppel meaning in law The legal principal of estoppel keeps a party from alleging a fact or acting in a certain way, then attempting to claim something in opposition to that fact or action later in the proceeding to suit their purposes. In other words, a party cannot deny a fact that has already been settled as truth. The truth […]

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