Partial Loss - Law Dictionary Search Results
deposit
see also security deposit NOTE: A deposit may be applied to a purchase price or may be considered partial payment. 3 in the civil law of Louisiana a : the gratuitous transfer of possession of movable property … another for a limited time or specified purpose such that the depositary is liable to some extent for loss or damage to the property see also sequestration compare bailment hiring loan for consumption and loan for use
Loan societies
subject to such term as the bank may like to impose. Thus the bank does not suffer any loss of interest as a result of carrying excessive cash which is necessary in the case of cash credits … generally wholly at one time is called a loan. If the customer repays the same either wholly or partially and wishes to have accommodation subsequently, the latter will be treated as a separate transaction to be entered
Executor
creditors extravagant funeral expenses if the testator died insolvent; and if he neglects to secure the property, and loss ensue, he will be personally liable for a devastavit, but will not be responsible for mere neglect to … But he must be prepared either to act wholly or not at all, for probate cannot be renounced partially (Re Smith, (1904) 1 Ch 139), except in regard to land settled otherwise than by the will of
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Merger
estate. It is the drowning of one estate in another, and differs from suspension, which is but a partial extinguishment for a time; while extinguishment, properly so termed, is the destruction of a collateral thing in the … to exist, but the greater is not increased; an absorption or swallowing up so as to involve a loss of identity and individuality. (See Corpus Juris Secundum, Vol. LVII, pp. 1067-1068), Kunhayammed v. State of Kerala, (2000)
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