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Earned Premium

If an insured person pays for a policy in advance, the “earned” premium is the portion of the policy that has already been used.

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EQUITY JURISDICTION

an authority that is based on the nature of a matter and it will be dealt with an equitable deliberation and not one of laws.

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EASEMENT OF ACCESS

the right given to use a pathway or a road to a property that belongs to another person to give access to a road.

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EQUITABLE PLEA

a defence in a law suit that is based on equity matters. It is the same as an equitable defence.

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ERA

the abbreviation for a proposed amendment, Equal Rights Amendment to the US Constitution.

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ENFORCEABLE TRUST

another term that is given to a valid trust.

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ENDORSEMENT BLANK

the term given to an endorsement not specifying anyone in particular and permits negotiation of a payment.

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ESTATE IN BANKRUPTCY

These are the assets that go to the trustee under bankruptcy laws.

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EXEMPT INCOME

This term applies to any income that you don’t pay tax on.

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ERROR IN FACT

the error made when a court gives a judgement or verdict and doesn’t know of a fact.

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EASEMENT BY CUSTOM

This when another person’s property has been used for a long period of time and is not obtained legally but by custom.

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EXECUTED ORAL AGREEMENT

a oral agreement between parties that has been fully executed and completed.

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EQUITY OF STATUTE

This term relates to the intent and the spirit that underlies a law and aids in its interpretation.

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EXCLUSIONARY RULE

a doctrine that will prevent the illegally gathered evidence being presented to the court.

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EXCLUSIONARY CLAUSE

a provision in a contract that will restrict the actions a party can take when the other person fails to fulfil the contract.

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EXCESSIVE VERDICT

This term is given to verdict that is out of proportion to the matter in hand and violates the conscious of the court.

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EXPECTANT ESTATES

an estate that does not exist yet but will be possessed in the future.

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EQUITABLE RELIEF

This term applies to the assistance to a complainant seeking a just and fair remedy from the court. See relief.

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EQUAL RIGHTS STATUTES

These are the laws stating that there can be no discrimination made because of a person’s sex, colour, age or race.

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ENTREATY

the word that means to supplicate or to beg and plead in earnest.

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