Litigation is a judicial contest through which legal rights are sought to be determined and enforced. It typically involves various stages, including pleadings, discovery, trial, and potentially appeal.
Regulation refers to a set of rules or directives made and maintained by an authority (often a government agency) to administer and enforce a law. Regulations are essential for establishing standards, maintaining order, and ensuring compliance within various sectors including business, finance, and public safety.
An encumbrance placed upon property as a claim for payment of a tax liability.
