Legal Theory

Fair Use
In copyright law, fair use permits the quotation or reproduction of a small portion of copyrighted material (with proper acknowledgment) without the permission of the copyright holder. The permissible amount varies based on several factors, with the central idea being that the use should not significantly impact the market for the original work.
Jurisprudence
Jurisprudence, often referred to as the science or philosophy of law, encompasses the study of the structure of legal systems, the principles underlying these systems, and the course of judicial decisions.
Reasonable Man / Reasonable Person
A hypothetical individual in society who exhibits prudent attention, knowledge, intelligence, and judgment for the protection of their own interests and the interests of others.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.