Collateral Source Rule - Law Dictionary Search Results
collateral source rule
Matched in: Term collateral source rule
Consideration
for the promise. [Indian Contract Act, 1872 (9 of 1872), s. 2(d)] Consideration does not mean incidental or collateral examination of any matter by the Income-tax Officer in the process of assessment. There must be something in … assessment order to show that the Income-tax Officer applied his mind to the particular subject-matter or the particular source of income with a view to its taxability or to its non-taxability and not to any incidental connection', … Contracts, 71. (d) Considerations moving from third persons. It is a general rule that in cases of simple contract, if one party make a promise
interest
an easement does not. purchase money security interest 1 : the security interest held by the seller of collateral to secure payment of all or part of the price 2 : the security interest of a person … financial transactions "L. H. Tribe"] property interest : an interest in freedom from governmental deprivation of property and sources of financial gain (as employment or a government benefit) without due process ;broadly : something (as a job … to guard against the destructibility of contingent remainders set forth in the rule in Shelley's case. expectation interest : the interest of a party to
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