Incurred - Law Dictionary Search Results
Married women's property
Except that she cannot be made bankrupt on any judgment or ordr upon a contract, debt or obligation incurred before the 2nd August, 1935, if she was not carrying on a trade or business before that date
Marine adventure
by the exposure of insurable property to maritime perils; (iii) any liability to a third party may be incurred by the owner of, or other person interested in or responsible for, insurable property by reason of maritime
Mandate
his doings to the mandator. A mandator contracts to reimburse a mandatary for all expenses and charges reasonably incurred in the execution of the mandate, and also to indemnify him for his liability on all contracts which
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Luxury
and personal well-being would be expenditure on luxury although the expenditure may be of a nature which is incurred by a large number of people, including those not economically well off. A.B. Abdul Kadir v. State of
Libraries (Public)
the (English) Rating and Valuation Act, 1925 (15 & 16 Geo. 5, c. 90), s. 26, the expenses incurred by a library authority under the Acts of 1892-1919, not being a County Council, is to be levied
Income or net income
is gain derived from capital or labour or both. Net income is income obtained after deducting all expenses incurred for the purpose of earning the income. It is income minus operating expenses, D.C.M. v. S. Paramjit Singh,
Insolvency
is not carrying on a trade except in respect of any contracts entered into, or debt or obligation incurred before 2nd August, 1935, if she was not then carrying on 'a trade [s. 125 of the (English)
Indemnity
[Con-tract Act, s. 124 (Chapter VIII)] Means (1) A duty to make good any loss, damage, or liability incurred by another. (2) The right of an injured party to claim reimbursement for its loss, damage, or liability
Income statement
Income statement, means a statement of all the revenues, expenses, gains, and losses that a business incurred during a given period, Black's Law Dictionary, 7th Edn., p. 768.
Fyrd-wite
Fyrd-wite, the fine incurred by neglecting to join the fyrd; one of the rights of the Crown, Anc. Inst.Eng.
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