What is an Actuary?
Actuary – Explained
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Ademption – Explained
What is Ademption?
FTC Act – Antitrust Law – Explained
What is the FTC Act?
Sole Proprietorship – A Detailed Explanation
What is a Sole Proprietorship?
State Securities Laws – Blue Sky Laws
What are Blue Sky Laws?
When a Contract Must be in Writing – Statute of Frauds
When is a contract required to be in writing?Some valid contracts are required to be in writing to be enforceable by a court of law. The requirement that a contract be in writing is generally dependent upon the subject matter of the agreement. A statute requiring that...
Third Parties to a Contract – Beneficiaries and Assignees
Who are the beneficiaries of the contract?The parties to the contract are the primary beneficiaries. In general, individuals who are not parties to a contract have no rights to sue to enforce the contract or to get damages for a breach of contract. There are, however,...
How to Read a Contract – Explained
Rules for Reading a Contract
What is Suing Someone and How Does it Work?
What is a civil lawsuit or civil action?A civil lawsuit is a private legal action between two or more parties addressing a legally recognizable dispute. A civil lawsuit can be grounded in tort, contract, property, or family law. One or more of the parties have...
What is Property under the Law?
What is Property?Property is any tangible or intangible physical item, design, creative work, or concept that is owned. What Tangible and Intangible Property? Tangible refers to physical property. That is, tangible property is anything that can be physically touched....