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LSDefine

Simple English definitions for legal terms

Proprietary rights

Read a random definition: rights-consciousness

A quick definition of Proprietary rights:

Proprietary rights refer to the rights that come with owning something, whether it's a physical object or an idea. These rights allow the owner to control how the property is used and who can use it. For example, if you own a toy, you have the right to decide who can play with it and how it is played with. Similarly, if you have a patent for an invention, you have the right to decide who can use the invention and how it is used. Proprietary rights are important because they protect the owner's investment and encourage innovation.

A more thorough explanation:

Proprietary rights, also known as property rights, refer to the legal ownership of tangible or intangible property. These rights give the owner the ability to control, use, and dispose of the property as they see fit.

  • Real estate property: A homeowner has proprietary rights over their house, which means they have the right to sell, rent, or modify the property as they see fit.
  • Intellectual property: An inventor has proprietary rights over their invention, which means they have the right to prevent others from making, using, or selling the invention without their permission.
  • Business assets: A company has proprietary rights over its assets, such as equipment, inventory, and trademarks, which means they have the right to use and protect these assets from infringement.

These examples illustrate how proprietary rights give owners control over their property and the ability to benefit from it. Without these rights, individuals and businesses would not have the incentive to invest in and create new property.

Proprietary lease | Proprietor

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General chat about the legal profession.
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18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
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