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...] about LEGAL MONOPOLY
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Legal Stud. F.
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LEGAL NAME
The name officially given and recorded on one's birth certificate. A legally recognized name. … [Read more...] about LEGAL NAME
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...] about LEGAL SUCCESSION
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...] about LEGAL NOTICE