Acceptance - Law Dictionary Search Results
dishonor
dishonor : refusal on the part of the issuer (as a bank) to pay or accept commercial paper (as a check) when it is presented see also wrongful dishonor vt : to refuse to
Improper reception, refusal or rejection
improper refusal of any vote it implies again two things, viz., a vote which ought to have been accepted as valid vote has been improperly refused as an invalid vote. The expression 'refuse to accept' and the
Without prejudice
without prejudice to the position of the writer of the letter if the terms he proposes are not accepted. If the terms proposed in the letter are accepted a complete contract is estab-lished, and the letter, although
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Will, Estate at
it. The grantee cannot transfer the estate to another, although after he has entered into possession he may accept a release of the inheritance from the grantor, for there exists a privity between them. It must end
Trust
is an obligation annexed to the ownership of property, and arising out of a confidence reposed in and accepted by the owner, or declared and accepted by him, for the benefit of another, or of another and
Title
from any equities affecting it. A stipulation by the vendor that the purchaser of a legal estate shall accept a title made with the concurrence of an equitable beneficiary if title can be made free from equities
Suit
part of the suit, so that giving the word 'suit' its ordinary meaning it would be difficult to accept the argument that a part of the suit or an issue in a suit is intended to be
Secure system
reliability and correct operation; (c) are reasonably suited to performing the intended functions; and (d) adhere to generally accepted security procedure. [Information Technology Act, 2000 (21 of 2000), s. 2(1) (ze)] Secure system, means computer hardware, soft-ware,
Repudiation
contract [which renders the repudiator liable to be sued for breach of contract, and entitles the repudiatee, on accepting the repudiation, to treat the contract as at an end: see per Lord Blackburn in Mersey Steel and
Raw material
'raw-material' is not a defined term. The meaning to be given to it is the ordinary and well accepted connotation in the common parlance of those who deal with the matter. The ingredients used in the chemical
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