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Inalienable |
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Not subject to sale or transfer; inseparable. That which is inalienable cannot be bought, sold, or transferred from one individual to another. The personal rights to life and liberty guaranteed by the Constitution of the United States are inalienable. Similarly, various types of property are inalienable, such as rivers, streams, and highways. INALIENABLE. This word is applied to those things, the property of which cannot be lawfully transferred from one person to another. Public highways and rivers are of this kind; there are also many rights which are inalienable, as the rights of liberty, or of speech. |
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The inalienability of the ESO is another disadvantage in the case where the employee might prefer to early exercise their options before maturity (thus foregoing a substantial portion of the time value) due to psychological reasons or risk aversion (Huddart 1996, 1994). In turn, this fact strengthened the recognition of the inalienability of Palestinian rights and the legitimacy of the PLO's claims and proclaimed aspirations. He is the author of numerous articles on antitrust and on law-and-economics, including the seminal article Property Rules, Liability Rules and Inalienability - One View of the Cathedral, 85 Harvard Law Review 1089 (1972), co-authored with Guido Calabresi. |
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