Stocks vs Shares: Legal Definition, Characteristics, Issuance, IPOs and Dividends
What are Stocks and Shares? Stocks represent ownership in a company, divided into shares, which are individual units of that ownership. The main difference is…
Debenture: Legal Definition, Types of Debenture and Raising Capital
What is a Debenture? A debenture is a type of long-term debt instrument issued by a company that is not secured by physical assets or…
Company: Legal Definition, Structure, Corporate Personality, Legal Entity and Liability
What is a Company? A company (or corporation) is a legal entity formed by a group of individuals to operate a business, recognised as distinct…
Actus Reus vs Mens Rea: Criminal Liability, Defences and Legal Exceptions
What is Actus Reus and Mens Rea? Actus reus refers to the actual criminal act or conduct, whereas mens rea pertains to the individual’s mental…
Contract: Legal Definition, Foundations, Legal Capacity, Breach and Remedies
What is a Contract? A contract is a legal instrument embodying an agreement that stipulates and regulates the rights and duties of the parties involved,…
Legal System: Definition, Legal Framework and Rule of Law
What is a Legal System? A legal system is an organised set of laws and regulations, including the processes and institutions necessary to enforce them,…
Crime: Legal Definition, Illegality and Spectrum of Crimes
What is Crime? Crime is a socially constructed legal concept that refers to conduct which is prohibited by law, punishable by the state, and recognised…
Cyberstalking: Legal Definition, Psychological Impact and Taking Action
What is Cyberstalking? Cyberstalking is the persistent and malicious harassment of an individual through online platforms, using various digital means to threaten, intimidate, or intrude…
Substantive Law vs Procedural Law: Definition, Legal Sources and Methods
What is Substantive Law and Procedural Law? Substantive law defines the rights and obligations of individuals and organisations, while procedural law outlines the process for…
Inferior Goods vs Giffen Goods: Definition, Price Response, Income and Commonality
What are Inferior Goods and Giffen Goods? Inferior goods are those for which demand decreases as income increases, whereas Giffen goods are rare goods for…