Money made: A “money made” form is filled out by a sheriff to indicate that the specified amount of money stated on a writ of execution has been collected. This form serves as proof that the money has been made or collected.
Money made refers to the sum of money that a sheriff collects from a debtor as stated on a writ of execution. When a court orders a debtor to pay a specific amount to a creditor, the creditor can obtain a writ of execution to enforce the judgement. The sheriff is responsible for collecting the money from the debtor and providing a return to the court, which indicates the amount of money made. For example, if a court orders a debtor to pay $10,000 to a creditor and the sheriff successfully collects the entire amount, the return on the writ of execution will state that $10,000 was the money made. This example demonstrates that money made is the actual amount of money collected by the sheriff as specified on the writ of execution. In this particular case, the sheriff collected the full $10,000, which represents the money made. The return on the writ of execution serves as evidence that the money has been collected and can be used to satisfy the judgement against the debtor.
Yes, all income earned legally is subject to taxation. It is important to report and pay taxes on all sources of income to avoid legal consequences.
To start a business and make money legally, you typically need to register your business, obtain necessary licenses and permits, comply with local and federal regulations, and pay applicable taxes.
It depends on the legal structure of your business. If you operate as a sole proprietorship or a general partnership, you can be personally liable for business debts. However, if you have formed a limited liability company (LLC) or a corporation, your personal assets are generally protected from business liabilities.
Yes, there are legal restrictions on advertising and promotion to protect consumers from false or misleading information. It is important to comply with advertising laws, including truth in advertising, avoiding deceptive practices, and respecting intellectual property rights.
No, unless you have obtained the necessary rights or licenses, selling copyrighted material without permission is illegal and can result in copyright infringement claims.
When hiring employees, you have legal obligations such as providing a safe working environment, complying with minimum wage and overtime laws, withholding and remitting payroll taxes, and adhering to anti-discrimination laws.
Yes, investing in stocks and securities is legal. However, it is important to comply with securities laws, such as registering with the appropriate regulatory bodies and avoiding insider trading.
Yes, using someone else’s intellectual property without permission can infringe on their rights. It is important to respect copyrights, trademarks, and patents and obtain proper licenses or permissions when using someone else’s intellectual property for commercial purposes.
The legality of gambling varies by jurisdiction. In some places, certain forms of gambling are legal and regulated, while others are prohibited. It is important to understand the laws in your jurisdiction before engaging in any gambling activities.
If someone owes you money and refuses to pay, you may have legal options to pursue the debt, such as filing a lawsuit or seeking mediation. However, the specific legal remedies available to you will depend on the circumstances and applicable laws in your jurisdiction.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
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