Same Transaction - Law Dictionary Search Results
Same transaction
Matched in: Term Same transaction
Void and voidable
Void and voidable. There is this difference between these two words: void means that an instrument or transaction is so nugatory and ineffectual that nothing can cure it; voidable, when an imperfection or defect can be
Uses
use, from one to another, by bare words only, without any solemn ceremony or permanent record of the transaction, whereby a third person that had right knew not against whom to bring his action. 'Secondly. Heirs were
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Fraud
with positive fraud, and therefore equally prohibited. Thus, to prevent injustice and shut out inducement to wrong, certain transactions are held to be fradulent, as contrary to general policy, or to fixed legal principles; as marriage-brokerage bonds,
Restitutio in integrum
Restitutio in integrum, the rescinding of a contract or transaction, so as to place the parties to it in the same position, with respect to one another, which
recoupment
a reduction in damages because of a demand by the defendant arising out of the same occurrence or transaction c : the right of a defendant to have the claim of the plaintiff reduced or eliminated by
Constructive notice
and inspections had been made as ought reasonably to have been made by him or (b) in the same transaction with respect to which a question of notice to the purchaser arises, it has come to the knowledge
Earnest money
Earnest money, The earnest money is a part of the purchase price when the transaction gets through and the same is forfeited when the transaction falls through by reason of the default or
contract
this entry du·al contract : one of two contracts made by the same parties with regard to the same transaction ;specif : one of two contracts made with regard to the sale of real estate of which one
spread
cost of the option ;also : the difference between the put price and call price b : a transaction in which a participant hedges with simultaneous long and short options in different commodities or different delivery dates
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