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illusory

Matched in: Term illusory

Illusory

Matched in: Term Illusory

Illusory Appointments Act, 1830

Matched in: Term Illusory Appointments Act, 1830

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illusory contract

Matched in: Term illusory contract

illusory promise

Matched in: Term illusory promise

Barmecidal

Unreal illusory

Appointment in exercise of a Power

c. 35) s. 12, as to appointments by deed. For frauds on Powers see FRAUD and Farwellon Powers. Illusory Appointments, by s. 158 of the (English) L. P. Act, 1925, replacing and extending the (English) Illusory Appointments

promise

unenforceable called also naked promise compare nudum pactum NOTE: A gratuitous promise may be enforceable under promissory estoppel. illusory promise : a purported promise that does not actually bind the party making it to a particular performance

Capital

assets of a stated value at the company's own valuation which may be, and often is, exaggerated or illusory. Working capital means the amount employable for the purposes of a company or any other undertaking or business.

Power

See Hals. L.E., tit. 'Perpetuities.' Consult Farwell or Sugden on Powers. See APPOINT-MENT IN EXERCISE OF A POWER; ILLUSORY APPOINTMENTS ACT; POSSIBILITY,

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