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Obligation - Law Dictionary Search Results

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Liable

legally bound, subject to a for or penalty under an obligation, Concise Oxford Dictionary; see also Zunjarrao Bhikaji Nagar Kar v.

condition

or event whose occurrence or nonoccurrence determines the rights or obligations of a party under a legal instrument and esp. a

discharge

discharge 1 : to release from an obligation: as a : to relieve of a duty under an

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note

esp. by a collateral mortgage and pledged to secure an obligation of which a hand note usually serves as evidence demand

fealty

Fidelity to ones lord the feudal obligation by which the tenant or vassal was bound to be

security

that is provided to make certain the fulfillment of an obligation [used his property as for a loan] b : surety

Breach

Breach, means 'infringement or violation of a promise or obligation, Skandia Insurance Co. Ltd. v. Kokila Ben Chandravardan, (1987) 2

Condition

or cease. Condition has been used in connection with personal obligations to distinguish one kind of obligation from another in the

partnership

as individuals and are personally liable for torts and contractual obligations. Each partner is viewed as the other's agent and, traditionally,

Equitable estates and interests

to the property, and he alone was responsible for the obligations and incidents attaching to the property, the beneficial owner merely

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