Direct Beneficiary - Law Dictionary Search Results
Personal property
upon some contract, and recoverable by an action at law.Any person may assign personal property, including chattels real, directly to himself and another person or other persons or corporation, by the like means as he might assign … vesting the property absolutely in trustees and declaring that they shall hold it upon trust for the proposed beneficiaries either for life or otherwise as may be agreed. But even inequity personalty which has settled either by
contract
: a lawful and voluntary act that benefits another for which the law imposes an obligation on the beneficiary or a third party to compensate the actor compare offense re·quire·ments contract : a contract in which the … the purchase price as agreed upon called also contract for deed land contract maritime contract : a contract directly relating to the navigation, business, or commerce of the high seas or other navigable waters and falling within
Uses
use, equity interfered, and resuming her old dominion, treated C., the person having the second use, as the beneficiary, and compelled B., having the statute use, to deal with the estate for C.'s benefit as a trustee, … would convey the estate to the cestui que use or his heirs, or any other person by his direction; and (3) that if the feoffee to uses had been dispossessed, and the cestui que use disturbed, the
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Settled land
c. 33), gave large powers to the Court of Chancery, with the concurrence of the parties interested, to direct sales and leases of settled estates, and also enabled tenants for life, without application to any court, to … to 1890, subject to safeguards provided by the Acts for the protection of the estate and the other beneficiaries under the settlement, and these powers have been reproduced and extended by the Act of 1925 (see Parts
Consumer
or promised or partly paid and partly promised, or under any system of deferred payment and includes any beneficiary of such services other than the person who hires or avails of the services for consideration paid or … commercial purpose or for personal use. [Competition Act, (12 of 2003), s. 2(f)] Whether the Regulations and the Directives applied to public authorities such as the council, and whether the council was a 'seller or supplier' and
Contingent legacy
relate to the disposal of the fund, or it may relate to the position or existence of the beneficiary; in the first case as in a bequest to be paid or payable to A. when he shall … are certain other guides to construction, e.g., in general, a gift of interest in the interim or a direction to pay maintenance points to a vested and not a contingent gift and where a previous interest is
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