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Insurance

and liability, are now commonly insured against. Insurances are effected sometimes by companies or societies, and sometimes by individuals, the risk being in either case diffused amongst a number of persons. Companies formed for carrying on this

order

set out in section 414 of the Internal Revenue Code for the payment of all or part of individual pension, profit sharing, or retirement benefits usually to a divorcing spouse (as for alimony or child support) NOTE:

Unlawful activity

Unlawful activity, in relation to an individual or association, means any action taken by such individual or association (whether by committing an act or by

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class action

and whose rights or liabilities can be more efficiently determined as a group than in a series of individual suits called also class action suit class suit see also certification compare consolidate, joinder test case at case

Public right

right enjoyed by the public as distinguished from private or personal rights attached to the personalty of an individual. Public rights exist at Common Law, such as the right of the public to pass along a highway,

Public prosecutor

the purpose in which the general interest of the society as opposed to the particular interest of the individual is directly and vitally concerned, Srinivasa Co-operative House Building Society Ltd. v. Madam Gurumurthy Sastry, 1994 (4) SCC

Corporation or body politic

trading partnerships is, that in the first the law sees only the body corporate and knows not the individuals, who are not liable for the contracts of the corporation in their private capacity, their share in the

corporation

corpus body] : an invisible, intangible, artificial creation of the law existing as a voluntary chartered association of individuals that has most of the rights and duties of natural persons but with perpetual existence and limited liability

Corporation Tax

any enactments which may apply to tax, authorised to be made from dividends payable by the companies to individuals: (c) that no provision exists for taking the tax so paid into account in computing for the purposes

Credit-brokerage

Credit-brokerage, means the effecting of introduc-tions (a) of individuals desiring to obtain credit to persons carrying on any business so far as it relates to the provision

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