Mutual Credit - Law Dictionary Search Results
Mutual credit
Matched in: Term Mutual credit
Mutual dealing
Matched in: Term Mutual dealing
Mutual debts
Matched in: Term Mutual debts
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Lex loci contractus
an extensive intercourse and commerce with each other. the whole system of agencies, of purchases and sales, of mutual credits, and of transfers of negotiable instruments, rests on this foundation; and the nation which should refuse to … extensive intercourse and commerce with each other. the whole system of agencies, of purchases and sales, of mutual credits, and of transfers of negotiable instruments, rests on this foundation; and the nation which should refuse to acknowledge
Contract
enforce-able at law,' but contended that this definition seems rather too narrow. Every contract is founded upon the mutual agree-ment of the parties; the other essentials are legality, capacity (depending on age, mental ability, sex and status) … 61), s. 17, Copyright Act, 1911. Acknowledgements of debt barred by the Statute of Limitations. Representations as to credit, 9 Geo. 4, c. 14, s. 1; (English) Guarantee, Mercantile Law Amendment Act, 19 & 20 Vict. c.
contract
giving of consideration ;specif : a contract that is a contract under seal, a recognizance, a letter of credit, or a negotiable instrument called also special contract specialty forward contract : a privately negotiated investment contract in … soundness) and must have a lawful, not criminal, object. Except in Louisiana, a valid contract also requires consideration, mutuality of obligations, and a meeting of the minds. In Louisiana, a valid contract requires the consent of the
deposit
travelers' belongings with an innkeeper a necessary deposit. voluntary deposit : a deposit that is made by the mutual consent of the depositor and depositary NOTE: The consent required may be express or implied, and because of … trust 2 : something placed for safekeeping: as a : money deposited in a bank esp. to one's credit demand deposit : a bank deposit that can be withdrawn without prior notice general deposit : a deposit
Account or Accompt
Bac. Ab. 'Account.' Prior to the (English) Judicature Act, 1873, Equity entertained suits for accounts when they were mutual, i.e. where there existed a series of expenditures on one side, and of payments on the others, and … Account or Accompt [fr. compte, Fr., computo, Lat.], a registry of debts, credits, and charges, or a detailed statement of a series of receipts (credits) and disbursements (debits) of money-which have
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