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
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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
LEGAL SYSTEM
The entire system of justice which includes the constitution, legislation, laws and statues, the court system and the judiciary, both criminal and civil. … [Read more...] about LEGAL SYSTEM
LEGAL OBLIGATION
An obligation or a duty which can be enforced by a court of law. The term that describes the obligation or duty that is enforced by a court of law it can be a debt and the legal responsibility to carry out what the law asks. … [Read more...] about LEGAL OBLIGATION
LEGAL TENDER
Valid and acceptable money; legal tender. Money, currency that is issued by the government of a country. Promissory notes, checks and other relatively liquid instruments are not generally considered to be legal tender. … [Read more...] about LEGAL TENDER