Friday, June 18, 2010

Lawsuit Millionaires | Law Terms S-Z

 Law Terms S-Z
  • Law Terms beginning with "S" -
    • Settlement:
      1. The resolution of a dispute or lawsuit.
      2. The distribution of property and wrapping up of a decedent's affairs by the executor.
      3. Payment or adjustment. For example, a debtor might settle an account by paying the full amount owed, or an insurance company might settle a property damage claim by paying the insured for the covered damage.
      4. The transfer of real property from the seller to the buyer; closing.
  • Law Terms beginning with "T" -
    • Tax Court: A federal court which hears taxpayers' appeals from decisions of the Internal Revenue Service. Tax courts hear taxpayer appeals "de novo" (as a trial rather than an appeal), and taxpayers do not have to pay the amount claimed by the IRS before their case is heard by the tax court. Tax court decisions may be appealed to the Federal District Court of Appeals.
    • Tort Law: A civil wrong other than a breach of contract. Tort usually refers to the causing of damage to property or to a person's reputation, or harm to a person's commercial interests.
  • Law Terms beginning with "U" -
    • Unbundled Legal Services: The provision of legal services by an attorney who does not represent the client or take over the entire case, but performs specific services such as appearing at one hearing, preparing a legal brief, or negotiating a settlement after the client has prepared the case as a self-represented party. Most common in divorce cases.
  • Law Terms beginning with "V" -
    • Vigilante: Possibly my favorite form of justice. Someone who takes the law into his or her own hands by seizing someone and attempting to convict and punish the supposed criminal.
  • Law Terms beginning with "W" -
    • Weight of Evidence: The strength, value, and believability of evidence.
    • Wrongful Death: The taking of the life of an individual resulting from the willful or negligent act of another person or persons.
  • Law Terms beginning with "X" -
  • Law Terms beginning with "Y" -
    • Yellow-Dog Contract: It sounds like a "yellow-dog contract" is unenforceable. It's an agreement in which an employer forbids an employee to join a labor union.
  • Law Terms beginning with "Z" -
    • Zoning Law: Laws issued by local governments to regulate the size, type, structure, and use of land or building in designated areas. These laws divide the cities into district areas according to use. For instance, single-family homes, commercial establishments, and industrial plants.

No comments:

Post a Comment