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Takeover
An offer made by tender setting out a proposal by one company to purchase the shares of another company, in order to acquire control of it. Takeovers can be ‘friendly’ or ‘hostile’. A ‘friendly’ takeover is an acquisition that is approved by the management. Before a bidder makes an offer for another company, it usually first informs the company’s board of directors. If the board of directors considers that accepting the offer best serves the shareholders, it recommends that the offer be accepted. A ‘hostile’ takeover allows the bidder to take over a company whose management is unwilling to agree. The takeover becomes hostile the moment the board of directors rejects the offer but the bidder continues to pursue it. Legal dictionary
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Blasphemy
The act of insulting or showing contempt or lack of reverence for God, to religious persons or things, or toward something considered sacred or inviolable. Legal dictionary
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Recital
The preliminary statement in a deed showing the reason for its existence and leading up to and explaining the operative part. Legal dictionary
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Product liability
An area of the law in which manufacturers, distributors, suppliers, retailers and others who make products available to the public are held responsible for the injuries that those products cause. Usually, the injured party need not prove that manufacturer or supplier was negligent as the defect is associated with the product. Although the word ‘product’ has broad connotations, product liability as an area of the law is traditionally limited to products in the form of tangible personal property. Legal dictionary
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سب وقذف
إسناد واقعة أو تهمة لشخص على مرأى ومسمع من غيره تستوجب عقابه أو تؤذي سمعته أو شرفه. ويعاقب هذا الشخص بالحبس أو التغريم. Legal dictionary
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Undertaking
Frequently used in the special sense of a promise given in the course of court proceedings by a party or legal representative, generally as a means of securing some concession from the court or the opposing party, or between legal representatives on behalf of themselves to perform an agreed action as part of terms agreed on behalf of a party that they represent. Legal dictionary
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Rights of audience
The right of a lawyer to appear and conduct proceedings in court on behalf of their client. Legal dictionary
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Appurtenant
Belonging to, accessory or incidental to; annexed or appended to. A thing is deemed to be incidental or appurtenant to land when it is by right used with the land for its benefit, as in the case of a right of way or watercourse, or a passage of light or air from across the land belonging to another. Legal dictionary
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Larceny
The wrongful and fraudulent taking and carrying away by one person of the personal goods and property of another from any place, with the intention to convert them for his or her own use, and make them his or her property, without the consent of the owner. Legal dictionary
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Restrictive practice
Either a trade agreement that is against the public interest, or actions that limit the rights or freedom of workers or employees. Legal dictionary
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Warranty
A guarantee or promise which provides assurance by one party to the other party that specific facts or conditions are true or will happen. The factual guarantee may be enforced regardless of materiality which allows for a legal remedy if that promise is not true or is not followed. Although a warranty in its simplest form is an element of a contract, some warranties run with a product so that a manufacturer makes the warranty to a consumer with which the manufacturer has no direct contractual relationship. Legal dictionary
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Garden leave
The practice whereby an employee leaving a job, having resigned or had their employment terminated, is instructed to stay away from work during the notice period, while still remaining on the payroll. This practice is often used to prevent employees from taking with them up-to-date (and possibly sensitive) information when they leave their current employer, especially when they are leaving to join a competitor. Legal dictionary
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طلاق رجعي
طلاق يحل فيه للزوج رد زوجته دون عقد جديد إذا رغب أثناء عدتها والتي تمتد إلى ثلاثة قروء. وبعد إنقضاء العدة، لا يجوز للزوج رد زوجته إلا بعقد زواج جديد ومهر جديد. Legal dictionary
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حجر
منع شخص من التصرف في مال مملوك له لمصلحته مثل الحجر على المجنون، أو لمصلحة غيره كالحجر على مدين لسداد ديونه. Legal dictionary
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Amortized mortgage
Is a loan used to buy a house or other real property which is repaid with regular repayments comprising interest and the repayment of some of the money originally borrowed. Legal dictionary
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