Third Party Beneficiary - Law Dictionary Search Results
third-party beneficiary
Matched in: Term third-party beneficiary
beneficiary
Matched in: Term beneficiary
stipulation pour autrui
civil law of Louisiana : a contract or provision in a contract that confers a benefit on a third-party beneficiary NOTE: A stipulation pour autrui gives the third-party beneficiary a cause of action against the promisor for
Keep your definitions linked to case research
Trust
interest held by one person (trustee) at the request of another (the settlor) for the benefit of a third party (the beneficiary), Black's Law Dictionary, 7th Edn., p. 1513. A trust is simply a confidence, reposed either ex-pressly
third-party claim
Matched in: Term third-party claim
contract
and voluntary act that benefits another for which the law imposes an obligation on the beneficiary or a third party to compensate the actor compare offense re·quire·ments contract : a contract in which the seller agrees to sell
privity
of strict liability and implied warranty, however, the right to sue has been extended to those, such as third-party beneficiaries and members of a purchaser's household, whose use of a product is foreseeable. 2 a : a … strict liability and implied warranty, however, the right to sue has been extended to those, such as third-party beneficiaries and members of a purchaser's household, whose use of a product is foreseeable. 2 a : a mutual
stipulator
: the promisee in a stipulation pour autrui who bargains for and receives the promise that benefits the third-party beneficiary
Consideration
393; Re Empress Engineering Co., (1880) 16 Ch D 125; but if a trust be created for the third party, there is a departure from the rule and the third party can sue: see Gregory v. Williams, (1817) … open to the grantor to prove that the consideration was merely nominal. The consideration of marriage covers all beneficiaries within the consideration, that is to say, the children of the marriage. It is not the same as
Uses
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 deprived of their … old dominion, treated C., the person having the second use, as the beneficiary, and compelled B., having the statute use, to deal with the estate … to pay the same to, her separate use; and so of a trust to permit and suffer a party to receive and take the net rents and profits. (4) A second use, or a use upon a
- ‹ Prev
- 2
- Next ›
- Last »
Try the research workspace - 7 days free