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Covenants - Law Dictionary Search Results

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Obligation

with a condition annexed for paying of money at a certain time, or for the performance of a covenant, etc.; also foreign government and other bonds and debentures. In Bhudeb Mookerjee v. Kalachand Malik, 34 Cal LJ

National insurance

National insurance. The (English) National Insur-ance Act, 1911 (1 & 2 Geo. 5, c. 55), introduced by Mr. Lloyd George, established a wide system of compulsory state insurance covering both ill-health and unemployment, which is based...

Mistake

Mistake, misconception, error. Money paid under a mistake of a material fact, as where a person discounts a forged bill, is recoverable (though a banker paying the forged cheque of a customer cannot charge the customer...

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Infant

Infant [fr. infans, Lat., one who cannot speak], a person under twenty-one years of age, whose acts are in many cases either void or voidable. See AGE. At Common Law, the contracts of infants are divided...

Fraud

Fraud, a fraud is an act of deliberate deception with the design of securing something by taking unfair advantage of another. It is a deception in order to gain by another's loss. It is a cheating...

preexisting duty rule

preexisting duty rule : a common-law rule of contracts: a party's offer of a performance already required under an existing contract is insufficient consideration for modification of the contract NOTE: This rule is not applicable to...

Duress

Duress [fr. duresse, Fr.; durities, Lat., constraint], imprisonment, compulsion. Duress is either by imprisonment or by threats. In order to constitute duress by imprisonment, either the imprisonment or the duress consequent upon it must be tortious...

Damages

Damages, constitute the sum of money claimed or adjudged to be paid in compensation for loss or injury sustained, the value estimated in money, of something lost or withheld, Divisional Controller K.S.R.T.C. v. Mahadeva Shetty, (2003)...

Contractor

Contractor, means a person who undertakes to produce a given result for any establishment, other than a mere supply of goods or articles of manufacture, by the employment of building workers or who supplies building workers...

Bought and Sold Notes

Bought and Sold Notes. It is no longer the custom for brokers who have succeeded in making a contract to make any entry in their books save for their own private information, and it is now...

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