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negotiation

negotiation, n. 1. A consensual bargaining process in which the parties attempt to reach agreement on a disputed or potentially disputed matter. • Negotiation usu. involves complete autonomy for the parties involved, without the intervention of third parties. [Cases: Contracts 25. C.J.S. Contracts § 60.] “Negotiation, we may say, ought strictly to be viewed simply

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free city

free city. Int’l law. A country-like political and territorial entity that, although independent in principle, does not have the full capacity to act according to general international law but is nevertheless a subject of international law.

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newspaper prospectus

A summary prospectus that the SEC allows to be disseminated through advertisements in newspapers, magazines, or other periodicals sent through the mails as second-class matter (though not distributed by the advertiser), when the securities involved are issued by a foreign national government with which the United States maintains diplomatic relations.

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sole source rule

sole-source rule. In a false-advertising action at common law, the principle that a plaintiff may not recover unless it can demonstrate that it has a monopoly in the sale of goods possessing the advertised trait, because only then is it clear that the plaintiff would be harmed by the defendant’s advertising.

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five mile act

Five Mile Act. Hist. A 1665 English act prohibiting Puritan ministers from teaching or coming within five miles of any town where they had held office if they refused to pledge that they would not seek to overturn the Church of England. • The Act was repealed in 1689.

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flash of genius rule

flash-of-genius rule. Patents. The now-defunct principle that a device is not patentable if it was invented as the result of trial and error rather than a “flash of creative genius.” • The rule, which takes its name from language in Cuno Engineering Corp. v. Automatic Devices Corp., 314 U.S. 84, 91, 62 S.Ct. 37, 41

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