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Stamp duties

document to render it admissible in evidence was not the stamp in accordance with the law at the time of affixing it, but the stamp in accordance with the law in force at the time when the … The same Act barred any right to sue for moneys assured by an unstamped assignment of a life policy, made void every condition of sale framed with a view of precluding objection or requisition upon the ground

Hire

in it); and that he also acquires the exclusive right to the use of the thing during the time of the bailment. His duties are to put the thing to no other use than that for which … to this general rule are post-masters, innkeepers, and common carriers, who are under peculiar regulations consonant with public policy; see those titles respectively, Story on Bailment's, c. vi. Consult Smith's Leading Cases, sub tit, Coggs v. Bernard;

Company

in the certificate of incorporation, the subscribers of the memorandum, together with such other persons as may from time to time become members of the company, shall be a body corporate by the name contained in the … The adoption of the socialistic pattern of society as the ultimate goal of the country's economic and social policies hastened the emergence of this new concept of the corporation. The socio-economic objectives set out in Part IV

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Law

the needs of the society, it must reflect the ideas and ideologies of that society. It must keep time with the heartbeats of the society and with the needs and aspirations of the people, Central Inland Water … the trade activities themselves. But so long as the trade activities are carried on in pursuance of the policy which the executive Government has formulated with the tacit support of the majority in the legislature, no objection

Representation

no ground for damages,' but this involves the question whether the misrepresentation is innocent. If made at the time of sale of personal chattels, 'it is a warranty' (or collateral contract), 'provided it appears to have been … or in writing, of such facts or circumstances relat-ing to the proposed adventure, and not inserted in the policy, as are necessary for the information of the insurer to enable him to form a just estimate of

condition

its effect concurrent condition : a condition that is to be fulfilled by one party at the same time that a mutual condition is to be fulfilled by another party condition implied in law : constructive condition … a state of being [a latent defective ] 3 : one of the rights or obligations of the policyholder or the insurer set forth in an insurance policy conditional adj conditionally adv vt conditioned conditioning : to

contract

promise of the other compare gratuitous contract in this entry option contract : a contract in which a time period is specified within which an offer must be accepted out·put contract : a contract in which the … and agrees not to join a labor union in order to get a job 2 : an insurance policy 3 : the study of the law regarding contracts usually used in pl. vt 1 : to undertake

Husband and wife

as an agent of necessity, to pledge his credit for necessaries suitable to her position in life. A policy of insurance taken out by a husband in his wife's name under the Married Women's Property Act, 1882, … particular places; (4) by surrendering copyholds to her use; and (5) by will. Equity, however, from very early times, by the doctrines of 'separate use,' 'trusts,' and 'equity to a settlement,' very largely modified the Common Law

Gaming or gambling

games, under penalties of 40s. for every day of so keeping the house, and 6s. 8d. for every time of playing therein; and the (English) Gaming Act, 1738 (12 Geo. 2, c. 28) (applied by the Gaming … Act, 1914, s. 157. And as to gambling on loss by maritime perils, see (English) Marine Insurance (Gambling Policies) Act, 1909. See the (English) Betting and Lotteries Act, 1934 (24 & 25 Geo. 5, c. 58), and

trust

trust [-lēd-] : a trust in which a charity is named as the beneficiary for a period of time after which named individuals succeed as beneficiaries charitable remainder annuity trust : a charitable remainder trust in which … parties and esp. when a trust is necessary to avoid an inequitable result or to prevent fraud individual policy pension trust : an insurance trust created as a retirement plan in which individual life insurance policies are

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