A government sanctioned monopoly that is granted, usually as a result of a need for a practical and pragmatic solution. For example, in one area it may be difficult or impossible for mutliple water companies to effectively provide water to multiple dwellings. … [Read more...]
Legal Stud. F.
Legal Studies Forum … [Read more...]
LEGAL NAME
The name officially given and recorded on one's birth certificate. A legally recognized name. … [Read more...]
LEGAL SUCCESSION
The succession of an interest as set forth by law, e.g. the laws concerning joint owners with right of survivorship. … [Read more...]
LEGAL NOTICE
Notice as is required and set forth by law, such as being required to post an advertisement in the newspaper concerning an event such as the creation of a new corporation. Legal notice may also refer to actual or constructive notice. … [Read more...]