A type of auto insurance coverage wherein the insurer will cover the cost of bodily harm caused by the policyholder deemed at fault in an accident.
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A shortened name for the “Kelley Blue Book,” which publishes the values of used vehicles.
A government-set auto insurance rate used in Canada. An insurance company that sets its rates within a certain range of the benchmark rate does not need government approval to use those rates.
the instruction by a judge to the jury that they are bound by existing laws in their deliberations and in their ultimate verdict.
a dangerous weapon or a club made of a heavy wood that sometimes has lead at its centre.
This involves the sale of a business or the part of a business is sold for money which will be a fraudulent sale if the creditors are not paid from the proceeds.
This term applies to an installment loan with interest that provides for a larger final payment that is known as the balloon payment.
The question is to balance the relief given to the plaintiff against the injury that will be done to the defendant.
TLD Example: The court weighed the balance of convenience and opted not to grant the injunction requested by the plaintiff in light of the harm it would do to the defendant.
the term that applies to someone who has property delivered to them in trust for another person. He will get compensated for doing this.
This means in accordance with the fundamental principles of justice and is in conformity with the usual judicial proceedings. Se due process of law.
the device where a person converts his ordinary income into a capital gain by selling corporate stock.
specially selected jury that is composed of well qualified people.
an organisation that is composed of attorneys.
International matters. Where a country wants to protect itself against a country or countries that may attack it by making alliances with a friendly country.
the term given to a person who looks on but has nothing to do with the activity that is in progress.
See dependent bill.
a federal law that assumes jurisdiction over any crimes committed against a national or federal bank.
a state board that has the authority to approve or disapprove an application for a license to practice a profession.
an organisation that has the power to review assessments made on property.
These are laws passed in order to aid creditors to collect money that is owed to them by a bankrupt person or company. See chapter eleven; insolvency laws.
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