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Assets

Assets [fr. assetz, Nor.-Fr., i.e., satis, Lat.; assez, Fr., sufficient; in Old English it was commonly written asseth], the property of a deceased person, which is chargeable with, and applicable to the payment of, his debts...

Campbell's (Lord) Acts (English)

be abrogated by a contract entered into by the deceased, Nunan v. Southern Railway, 40 TLR 21. The remedies provided by the Law Reform (Misc. Prov.) Act,1934 (24 & 25 Geo. 5, c. 41) (q.v.), are in

Abatement

Abatement, a making less:- (1) Abatement of Freehold.-The title of a real action which has been abolished. This takes place where a person dies seised of an inheritance, and before the heir or devisee enters, a...

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Discretion literally

to be a power decide within the limits allowed by positive rules of law as to the punishments, remedies or costs. This would mean that even if a person has a discretion to do something the said

Desertion

Desertion, (1) the criminal offence of abandoning the naval or military service without license. See ss. 12 et seq. of the (English) Army Act, 1881, replacing similar s.s of the (English) annual Mutiny Acts, and Reg....

Derogation

Derogation, the act of weakening or retraining a former law or contract. It is an established rule that a man may not derogate from his own grant. See Wheeldon v. Burrows, (1879) 12 CD 31, and...

Damages

(a) detriment to one by the wrong doing of another, (b) reparation awarded to the injured through legal remedies, and (c) its quantum being determined by the dual components of pecuniary compensation for the loss suffered and

Deed of Covenant

Deed of Covenant. Covenants are frequently entered into by a separate deed for the indemnity of a purchaser or mortgagee, or for some other special purpose. A covenant with a penalty is sometimes taken for the...

Declaratory and remedical Act

Declaratory and remedical Act, a declaratory Act may be defined as an Act, to remove doubts existing as to the common

Debenture

as a rule is fixed on the company's property or by way of floating charge. If fixed, the remedies upon default are those available to mortgagees and those stipulated for and endorsed on the debenture or provided

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