“Patent pending” and “patent applied for” mean the same thing and can be used interchangeably by applicants. They inform consumers and competitors that legal protection is being sought. Affixing the notice is encouraged by patent agencies and can deter competing applications and illicit products. Improper use of the label can result in severe penalties. Individuals […]
Shares represent ownership in a company, with outstanding shares being those held by investors. The number of outstanding shares affects the company’s share price and market capitalization. Preferred and common shares have different rights, and earnings per share is a key metric for profitability. A share, also known as shares, is a unit of ownership […]
A lis pendens is a legal notice filed against a property to indicate that title is in question or a lawsuit involving the property may occur. It can complicate the sale process and make it difficult to obtain a mortgage. It is commonly filed during foreclosure or when someone believes they have a legal claim […]