Notes - Law Dictionary Search Results
interest
the divesting of a prior interest or one created simultaneously NOTE: Unlike a remainder, an executory interest does not require the
expense
incurred compare capital expense and personal expense in this entry NOTE: Business expenses are generally tax deductible in the year the
agency
in such a relationship to act on behalf of another NOTE: A principal is bound by and liable for acts of
error
"K. A. Cohen"]; see also assignment of error, clearly erroneous NOTE: Generally a party must object to an error at trial
deposit
b : something given as security see also security deposit NOTE: A deposit may be applied to a purchase price or
fee simple
or restrictions on transfers and that is of indefinite duration NOTE: A fee simple absolute is conveyed by language granting the
search
at cause, reasonable suspicion search warrant at warrant compare seizure NOTE: The Fourth Amendment to the U.S. Constitution prohibits unreasonable searches
Holder in due course
holder who has taken a bill of exchange [cheque or note], complete and regular on the face of it,' under the
Receipt
expression 'receipt' is defined (s. 101) as including-- (1) Any note, memorandum, or writing whereby any money amounting to two pounds
title
that requires such vesting compare estoppel by deed at estoppel NOTE: The doctrine of after-acquired title generally does not apply when
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