The Development of Law and Equity - a Primer

England developed two independent legal systems in its history, and we refer to those systems as "law" and "equity." Today, we hardly notice the difference, notes Austin-based injury lawyer Adam Ward. The most common remedy a court of law can…
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Understanding Debt Settlement vs. Bankruptcy

As many people attempt to sort through the remains of their financial life in the wake of the Great Recession and the real estate debacle of 2008, many of them who have never had to deal with debt have never had the occasion to differentiate…

Speaking with your Insurance Company About Storm Damage

Each time a hurricane strikes, homeowners hear stories about those who did not purchase the proper insurance coverage. While most homeowners with mortgages must carry hazard insurance, some actually find that their insurance covers a lot less…

Must Contracts Be Signed or Initialed on Every Page?

Must Contracts Be Signed or Initialed on Every Page?Short answer? No.You may have noticed that often some multi-page contracts contain a location on each page for all parties to initial. Often you will see these small signature lines…

Quick and Dirty Introduction to the Ins and Outs of Arbitration

What Is Arbitration?As a form of Alternative Dispute Resolution, arbitration involves a third-party person who acts as the decision maker for the conflict.  The arbitrator listens as two or more conflicting parties’ state their case and…

What to Expect When You Get a DWI in Texas

DWI refers to the act of driving while intoxicated, which is a crime in every U.S. state. DWI charges are not just for people who drive under the influence of alcohol. Drivers are also charged with this crime if they are under the influence…

Slippery Slopes: Who is Liable for Icy Rent House Steps?

What happens when you or a friend slips on the icy steps at your rental unit? Responsibility in most rental situations is addressed in the lease. For example, renters are generally responsible for damages that occur inside the rental property,…

Alabama Legal Interest Rate

The legal interest rate in Alabama is 6%.Judgments incur interest at the rate of 12%.

The Development of Decision by Trial

The first legal trials were not trials that we would recognize. In their early forms, trials were barbaric and violent and had almost nothing to do with judging truth or culpability, they were more predicated upon divine intervention or superstition.…

How Much is a Human Life Worth in Dollars?

Our modern legal system has to apply a numerical value to a human life-- an imperfect and morbid undertaking, for sure, but the scope of human activity in a modern world inevitably yields death and sometimes disability, so any legal system has…

What Is Property?

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LearnAboutLaw Staff July 2007 Property is any thing that is commonly recognized as being the possession of a thing or group. Important types of property include real property (land), personal property (physical possessions), and intellectual…

Where Our Laws Come From: Ancient Roman Beginnings

LearnAboutLaw Staff July 2007 Laws are, for the most part, immutable. Once established, laws change very slowly, often taking centuries to adapt and transform. The laws of real estate and contracts have changed very little in a thousand years.…

Law Dictionary | Legal Glossary

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This is a legacy page, our glossary of business law terms.  We have expanded our legal dictionary to include thousands of terms, you can reaching by visiting our Legal Dictionary.   Acquisition: The purchase of one corporation by another,…

Where Our Laws Come From: English Law

England is a unique place. It's part of Europe, but yet it's isolated from the rest of Europe by water. A Viking could not just walk over a hill and take it over. Conquering England took a bit of work. Furthermore, any exchange of ideas or trade…

What Is An Occupational Disease?

When an individual develops a chronic ailment as the result of the work he performs or due to his occupational activity, it is said that the person has developed an occupational disease. It is an ailment that is directly linked with work performed. In general, it is usually the case that more than one individual who performs the same type of work will be afflicted with the same type of symptoms. The frequency of a particular disease appearing within a group of individuals who perform the same task is generally much higher than the rate of that disease found in the general population.