Special Forbearance - Law Dictionary Search Results
special forbearance
Matched in: Term special forbearance
Consideration
impossible consideration. A contract may be illegal because it contravenes the principles of the Common Law, or the special requirements of a statute. The former illegality exists whenever the consideration is founded upon a transaction which violates … other, and, inequity, inadequacy maybe a reason for refusing specific performance, Pegler v. White, 33 Beav 403. (b) Forbearance for a time to institute a suit upon a well-founded claim, or even upon one which is doubtful,
Obligation
necessity which binds together two or more determinate individuals. It is limited to legal duties arising out of special personal relationship existing, whether by reason of a contract or a tort, or otherwise between two or more … which it is correlated and it restricts the freedom of the obligee with respect to definite acts and forbearances but in order that it may be enforced by a court, it must be a legal obligation and
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Bond
the same thing as a promissory note. The word 'bond' is not used in s. 2(f) in the special sense in which it has been defined in the Indian Stamp Act. It appears to have been used … it is without a penalty, but there is generally a condition added, that, if the obligor does or forbears from some act, the obligation shall be void, or else shall remain in full force, and the bond
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