Purchase - Law Dictionary Search Results
Ashbourne Act
Ashbourne Act, the (English) Purchase of Land (Ireland) Act, 1885 (48 & 49 Vict. c. 73), to provide greater facilities than those given
loan
a subject to usury statutes] bridge loan : a short-term loan used as a means of financing a purchase or enterprise prior to obtaining other funds [used a bridge loan to purchase a new home prior to
Open market
purchasing the goods in question to place orders with such manufacturing unit and obtain supplies, they will constitute purchases 'from the open market'. The Supreme Court in in this context referred with advantage to the following observations
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Settled land
would wish to do, subject to one great exception--he could not sell the estate and himself receive the purchase money; that must be paid at his option either into Court or to the trustees of the settlement,
Valuation
form. But the equivalent is estimated on the value to him, and not on the value to the purchaser, and hence it has from the first been recognized as an absolute rule that this value is to
Emancipation
potestas and put the filius familias in mancipio, which was a kind of slavery. The enfranchisement by the purchaser made the filius-familias sui juris. As the enfranchiser acquired all rights of patronage, the father, on occasion of
Measure of damage
the following principles. In an open contractor in the absence of the usual conditions, upon breach by the purchaser the vendor cannot recover the price by way of damages but he may recover his loss, if any,
Market value
SC 305: (1973) 2 SCR 720: (1973) 1 SCC 109. Market value means the price that a willing purchaser would pay to a willing seller for the property having due regard to its existing condition with all
Specific performance
sale ordered by a decree of a Court, for the judgment of the court in confirming such a purchase takes the transaction out of the statute. It is, however, now usual for the purchaser to subscribe a
Resulting trust
because the property is not expressed to be conveyed for the benefit of the grantee; (2) where a purchaser of property takes the conveyance not in his own name but in that of some one else. In
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