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Feb 8, 2019 · Misappropriation of Funds. A misappropriation of funds refers to a person’s deliberate and illegal use of another person’s money. This may be for the individual’s own personal use, or for some other unauthorized purpose. In a nutshell, a person who is responsible for managing another person’s money, and then uses that money for himself ...
What does "misappropriate" mean in legal documents? The term "misappropriate" refers to the wrongful or illegal use of someone else's property, often money or assets. Imagine you lend a friend your favorite book, and instead of returning it, they decide to keep it for themselves.
Misappropriation is a legal term that refers to the improper use of someone else's property or funds without permission. Imagine you lend your favorite book to a friend, and instead of returning it, they decide to keep it for themselves. That’s a simple example of misappropriation. In legal terms, it often involves a person who has a special ...
Nov 12, 2010 · 84 Carty, “The Common Law and the Quest for the IP Effect” at 263. Spence recognises arguments for a law against misappropriation, not least because a lack of such a remedy, has led judges to “stretch” or indeed “distort” common law remedies like passing off.
- Jennifer Davis
- 2010
May 19, 2023 · Examples of misappropriation of property include: Embezzlement: When an employee steals money or assets from their employer. Unauthorized use of company funds: Using company money for personal expenses without permission. Theft of intellectual property: Stealing or copying copyrighted material, patents, or trademarks without authorization.
misappropriation. n. the intentional, illegal use of the property or funds of another person for one's own use or other unauthorized purpose, particularly by a public official, a trustee of a trust, an executor or administrator of a dead person's estate, or by any person with a responsibility to care for and protect another's assets (a ...
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Misappropriation commonly refers to situations in which the offending party has an added measure of responsibility, such as misconduct by a public official, a trustee of a trust, or an administrator of a deceased person's estate. An individual who has committed misappropriation may be liable to criminal prosecution for a form of theft as well ...
