Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: I

Identity Theft

Deliberately obtaining and taking away someone else’s personal information for criminal intentions.

IMPUTED KNOWLEDGE

the term used when a person should have all of the facts because he knows of them.

ILLEGAL CONSIDERATION

This term applies to an agreement or a contract that of carried out will be contrary to public interest.

INSURABLE

the term used to describe a thing that can be insured.

INTOLERANCE

a term applied to the failure to respect the beliefs of a person such as bigotry and narrow-mindedness..

INSURANCE LIFE

an insurance policy that pays an amount on the death of a person.

INCORRIGIBLE

This is a term that means to be unmanageable or uncontrollable.

INCENTIVE COMPENSATION

This term applies to payments in excess of agreed wages, a bonus and profit sharing as an incentive for a good performance.

INVESTMENT

a term where a capital is committed to make an income from it.

ISSUE AT LAW

the term applied to the matter of controversy or the differing opinion of a law.

INDIRECT SOLICITATION

a situation that occurs when an attorney tries to contact a person who has had an accident. See ambulance chasing.

INDIVISIBLE CONTRACT

a contract where it needs to be fulfilled completely before it is finished. There are no parts it can be divided into.

INVESTIGATION

A term that means to examine and to look at carefully, discover the factor make a legal inquiry. TLD Example: Police conducted a thorough investigation of the accusations of wrongdoing made against the

INSURANCE LIABILITY

the insurance policy that pays for injuries or damages to another person or other person’s property.

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