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Liability of agent signing

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asset

assets are generally subject to equitable distribution on divorce. net assets 1 : the excess of assets over liabilities called also net worth 2 : admitted assets considered as a whole net quick assets : the excess … in determining the financial condition of an insurance company because it cannot be quickly converted into cash without incurring a loss compare admitted asset in this entry quick assets : cash, accounts receivable, and other current assets

Alien

subjects to divest themselves of their status in certain cases, but (s. 16) with a saving of obligations incurred before the loss of nationality. The (English) Act of 1933 (23 & 24 Geo. 5, c. 44), repealings. … certificate gives the grantee all the rights, powers, and privileges and subjects him to all obligations, duties and liabilities of a natural-born British subject, and gives him the status of such a subject (s. 3). S. 4

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Contribution

by each of two or more persons, jointly liable by contract or otherwise, of his share of the liability. It frequently arises between sureties, who are bound for the same principal, when, upon his default, one of … also lies between joint-tenants, tenants-in-common, and part owners of ships, and other chattels, for all charges and expenditures incurred, for the common benefit, 1 Story's Equity, 393-415. So there is contribution between co-defendants in contract, if the

Banking policy

of it to the payment of the individual complainant; and (3) the discharge of the debtor from future liability for the debts then existing. The law of bankruptcy, which dates from 34 & 35 Hen. 8, c. … trade or business before the 2nd August, 1935, she cannot be made bankrupt in respect of her obligations incurred before that date. A person who cannot meet current financial obligation; Black's Law Dictionary, 7th Edn.

Bankrupt

of it to the payment of the individual complainant; and (3) the discharge of the debtor from future liability for the debts then existing. The law of bankruptcy, which dates from 34 & 35 Hen. 8, c. … trade or business before the 2nd August, 1935, she cannot be made bankrupt in respect of her obligations incurred before that date. A person who cannot meet current financial obligation; Black's Law Dictionary, 7th Edn.

Financial obligations

so construed it implies an obligation in the nature of an obligation in respect of loans and guarantees incurred or undertaken by the State, State of West Bengal v. Serajuddin Batley, AIR 1954 SC 193 (194). [Indian … State, State of West Bengal v. Serajuddin Batley, AIR 1954 SC 193 (194). [Indian Independence Rights, Property and Liabilities) Order 1947, s. 9]

charge

to allege esp. as an accusation [crimes charged in the indictment] 3 a : to impose a financial liability on [ the estate] b : to impose or record as a financial burden or liability [ the … jury [conviction…reversed, because of trial court's "W. R. LaFave and A. W. Scott, Jr."] 3 a : an incurred expense b : the price demanded for something (as admission or use) [a finance ] c : a

Passengers

(English) Road Traffic Act, 1930 (20 & 21 Geo. 5, c. 43), and AIR NAVIGATION. As to the liability of a passenger to pay his fare without demand under a bye-law, fraud not being alleged, see London … is not required to take upon himself any responsibility as to the conduct of the ship; if he incurs any responsibility, and perform extraordinary services, in relieving a vessel in distress, he is entitled to a corresponding

Married women's property

the husband concurs in the deed. In regard to the torts by a married woman and the husband's liability, see HUSBAND AND WIFE. Consult Lush on Husband and Wife … 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

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