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A lawyer without books would be like a workman without tools.
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Legal Definitions - net return
The end of law is not to abolish or restrain, but to preserve and enlarge freedom.
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Definition of net return
Definition: The profit earned on an investment after subtracting all investment expenses.
Examples:
- If you invest $1000 in a stock and earn $1200 after deducting all expenses, your net return is $200.
- A real estate investor buys a rental property for $200,000 and earns $20,000 in rental income after deducting all expenses. The net return on the investment is 10%.
These examples illustrate how net return is calculated by subtracting all expenses from the total profit earned on an investment. It is an important metric for investors to evaluate the profitability of their investments.
The law is a jealous mistress, and requires a long and constant courtship.
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Simple Definition
Net Return: The money you make from an investment after you subtract all the expenses you had to pay to make that investment. It's like getting paid for doing a job, but first you have to take out the money you spent on tools or transportation. The net return is what's left over.
Law school: Where you spend three years learning to think like a lawyer, then a lifetime trying to think like a human again.
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