Examlex
What are the advantages of licensing for a multinational firm?
Future Interest
A legal right to property or asset ownership that will begin in the future, rather than immediate possession.
Life Estate
A property interest that lasts for the life of the holder, after which the property reverts to the grantor or a specified remainderman.
Legal Recourse
Legal recourse refers to the right of an individual or entity to seek legal remedy or compensation through the judicial system in response to a wrongdoing or dispute.
Future Owner
An individual or entity that is designated or expected to become the owner of an asset or property at a future date.
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