Transaction: Legal Definition, Types, Theories and Frameworks
What Is A Transaction? A transaction is a legally enforceable agreement between parties to exchange goods, services, or assets, underpinned by elements like offer, acceptance,…
Author: Leticia Dubois, Ph.D.
Leticia has a first class LLB Degree from University of London, an LLM Degree and a Doctorate in International Commercial Law from Glasgow and Université Paris 1 Panthéon-Sorbonne. Leticia teaches Finance Law, Insurance, Land Law, Insolvency Law and Entrepreneurship Law.
Agreement: Legal Definition, Types, Validity and Enforceability
What Is An Agreement? An agreement, in legal terms, is a mutual understanding between two or more parties regarding their respective rights and responsibilities. It…
What is the Eggshell Skull Rule? Legal Rationale and Application in Tort Law
What is the Eggshell Skull Rule? The Eggshell Skull Rule is a legal doctrine in tort law stating that a defendant must fully compensate for…
Fiduciary Duty: Legal Definition, Obligations, Trust, Breach and Remedies
What Is A Fiduciary Duty? Fiduciary duty is a legal obligation requiring a party, known as the fiduciary, to act solely in the best interest…
Leasehold vs Freehold: Legal Definition, Ownership, Transfer, Value and Sale
What Is The Difference Between Leasehold And Freehold Interests? The primary difference between leasehold and freehold interests lies in ownership duration and control: freehold offers…
Insurance: Legal Definition, Types and Policy
What is Insurance? Insurance is a financial arrangement where an individual or entity pays a premium to an insurance company, which in return provides compensation…
Legal Action: Definition, Types, Procedure and Remedies
What is a Legal Action? Legal action refers to the process of using lawyers, courts of law, or other legal mechanisms to resolve disagreements or…
Defined Benefit vs Defined Contribution Plans: Legal Definition, Employee Rights and Contributions
What is the Difference between Defined Benefit and Defined Contribution Plans? The primary difference is that Defined Benefit Plans promise a specific payout at retirement,…
Tenancy: Legal Definition, Types, Termination, Legal Rights of a Tenant and Landlord
What is Tenancy? Tenancy is a legal arrangement where a landlord grants a tenant the right to occupy and use a property for a specified…
Personal Injury: Legal Definition, Types, Claim Process, Liability, Negligence and Duty of Care
What is Personal Injury? Personal injury refers to the legal remedy for physical or emotional harm caused to an individual due to another’s negligence or…
