Risk Note - Law Dictionary Search Results
joinder
substantially affect the other parties or may be put at risk by the action joinder of remedies : a joining of … a suit made for the purpose of manufacturing federal jurisdiction NOTE: Under the Federal Rules of Civil Procedure a federal district
jus tertii
to assert its own rights, and if there is the risk that the third party's rights will be diluted without the … right to assert the rights of another in a lawsuit NOTE: In property actions the claims of a third party on
retrocession
: the process by which all or part of the risks assumed in an insurance contract are reassigned or ceded by … the decedent that had been sold or assigned by coheirs NOTE: An heir's right to retrocession has been repealed. 2 :
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speculate
in reaching its verdict. 2 : to assume a business risk in hope of gain ;esp : to buy or sell … 1 : to theorize on the basis of insufficient evidence NOTE: A jury is not permitted to speculate on a matter
underwriter
insurance policy : insurer b : a person who assesses risks to be covered by an insurance policy 2 : a … individual or company) who underwrites a security issue compare issuer NOTE: The Securities Act of 1933 requires dealers, issuers, and underwriters
wanton
wanton : manifesting extreme indifference to a risk of injury to another that is known or should have … [a act] [by such or willful misconduct] see also reckless NOTE: Wantonreckless, and willful are often used to refer to an
Joint venture
undertaking some commercial enterprise wherein all contribute assets and share risks. It requires a community of interest in the performance of
Registration of title of land
until that takes place the purchaser is open to the risk of the vendor establishing or perfecting equities against him and … is established by order of special priority cautions or inhibitions, noted in a 'Minor Interests Index,' which does not concern a
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