Search Results for: TEC

parking

parking. 1. The sale of securities subject to an agreement that the seller will buy them back at a later time for a similar price. • Parking is illegal if done to circumvent securities regulations or tax laws. It is often a method of evading the net-capital requirements of the National Association of Securities Dealers […]

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invasion of privacy

invasion of privacy. An unjustified exploitation of one’s personality or intrusion into one’s personal activities, actionable under tort law and sometimes under constitutional law. See RIGHT OF PRIVACY. [Cases: Torts 8. 5. C.J.S. Right of Privacy and Publicity § 2.] invasion of privacy by appropriation. The use of another’s name or likeness for one’s own

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indecency

indecency, n. The state or condition of being outrageously offensive, esp. in a vulgar or sexual way. • Unlike obscene material, indecent speech is protected under the First Amendment. Cf. OBSCENITY. [Cases: Obscenity 1. C.J.S. Obscenity §§ 1–8.] — indecent, adj. “Obscenity is that which is offensive to chastity. Indecency is often used with the

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suspect classification

Constitutional law. A statutory classification based on race, national origin, or alienage, and thereby subject to strict scrutiny under equal-protection analysis. • Examples of laws creating suspect classifications are those permitting only U.S. citizens to receive welfare benefits and setting quotas for the government’s hiring of minority contractors. See STRICT SCRUTINY. Cf. FUNDAMENTAL RIGHT. [Cases:

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blank forms rule

blank-forms rule. Copyright. The principle that forms are not protectable by copyright if they are designed for recording information but do not themselves convey any information. • The rule, first promulgated by the U.S. Supreme Court in Baker v. Selden, 101 U.S. 99 (1879), is now a U.S. Copyright Office regulation, 37CFR § 202.1(c). See

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mortgage clause

mortgage clause. An insurance-policy provision that protects the rights of a mortgagee when the insured property is subject to a mortgage. • Such a clause usu. provides that any insurance proceeds must be allocated between the named insured and the mortgagee “as their interests may appear.” — Also termed mortgagee clause. See LOSS-PAYABLE CLAUSE; ATIMA.

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implied abandonment

Patents. An inventor’s failure to take steps to protect an invention, such as by failing to claim the invention when disclosed in a patent application or by permitting an application to be abandoned, esp. by failing to file an answer to an office action within the time allowed. [Cases: Patents 107. C.J.S. Patents §§ 157–158.]

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buenos aires convention

Buenos Aires Convention. Copyright. A 1910 treaty regulating copyright reciprocity among Latin American nations and the United States. • Under this agreement, the phrase “all rights reserved” guaranteed copyright protection in member nations. Since all the Convention’s signatories are now signatories to more recent and broader international-copyright treaties, this Convention now has little if any

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