ILEC_11.txt

remedy that is not money, but rather something else such as an injunction, a declaratory judgment, specific performance or modification of a contract

quality of an invention being unexpected or surprising or sufficiently different from other existing things. It is often a requirement for obtaining a patent.

type of security interest whereby the debtor retains control over the property but is limited in what he or she may do with it

person authorised by the state to conduct limited legal functions, such as authenticating signatures and certifying documents

document providing notification of a fact, claim, or proceeding

substitution of an obligation with a new one, thereby cancelling the old obligation

goals or purposes of a company

section of a company's memorandum of association that outlines the company's objects

person to whom a right is owed

person who owes a right

indication of willingness to enter into a contract on specified terms, whereby, if accepted by the other person, a binding contract would result

party to whom an offer is made

party that displays a Willingness to enter into a contract on specified terms

market situation in which only a small number of firms compete with each other

where a security interest exists between a certain creditor and debtor. It occurs on perfection of a security interest.

(US) municipal law (UK by-law)

regular mode of conduct or routine of a trade

(UK) resolution passed by a simple majority of members at the annual general meeting

(UK) shares that carry voting rights and dividend entitlements and which are the most common form of shares (US common shares)

non-lawyer, often with some form of specialised legal training, who helps lawyers in their legal work

acting in a similar way to another; for example, setting prices at the same level as a competitor or producing a similar level of output as another in the same business

the rule that evidence, apart from the actual contract itself, cannot modify, explain, vary or contradict the written terms of a contract

person or entity involved in an agreement

exchange of ownership in a property

the point at which the risk (e.g. of damage) passes from one party to another (and therefore also the responsibility, for example, for insuring goods)

illegal type of unfair competition whereby a business does something that the public would reasonably believe to be related to the activities of a different business such that this second business suffers damages as a result

grant from the government giving exclusive rights to an inventor to make, use or sell an invention for a specified period of time

person who is being paid in a bill of exchange

remedy that involves compensating through money

(also criminal law) area of law that deals with crime, punishment or penalties