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trade dress

trade dress. Trademarks. The overall appearance and image in the marketplace of a product or a commercial enterprise. • For a product, trade dress typically comprises packaging and labeling. For an enterprise, it typically comprises design and decor. If a trade dress is distinctive and nonfunctional, it may be protected under trademark law. — Also […]

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pet trust

A trust, usu. honorary, that is established for the care and maintenance of a particular animal or group of animals. • Pet trusts are generally invalid because animals are incapable of compelling a trustee to act, and animals have no standing in law. Effectively, the trust has no beneficiary. But some states (e.g., Colorado) statutorily

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short form merger

A statutory merger that is less expensive and time-consuming than an ordinary statutory merger, usu. permitted when a subsidiary merges into a parent that already owns most of the subsidiary’s shares. • Such a merger is generally accomplished when the parent adopts a merger resolution, mails a copy of the plan to the subsidiary’s record

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empresario

empresario (em-pre-sahr-ee-oh), n. [Spanish] 1. Spanish law. A businessperson; one who invests in or manages a business; esp., a land developer. 2. Hist. A person receiving extensive land grants as consideration for bringing people into Mexico (esp. into what would become Texas) and settling them on the land for the purpose of increasing the population,

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development

development. 1. A human-created change to improved or unimproved real estate, including buildings or other structures, mining, dredging, filing, grading, paving, excavating, and drilling. 2. An activity, action, or alteration that changes undeveloped property into developed property.

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