JURY DIRECTION
The points of law associated with a case as a judge’s precise instructions to a jury. Evidence presented before the court is typically summarized.
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The points of law associated with a case as a judge’s precise instructions to a jury. Evidence presented before the court is typically summarized.
A company selling stock to raise profits. Also called a corporation or a public limited company.
Primary governmental branch. A Chief Justice with all the courts and agencies under direct control to protect citizens. In most democratic countries it is one of three branches. The Executive and Legislative
Stating that a right is subordinate to another right. A second mortgagee’s right is subordinate to the primary mortgagee’s right. A claim lower in precedence than a prior or senior claim. An
For a specific decision or forecast, the combining and averaging of views of several contributing executives. A face-to-face session to provide essential information immediately, quickly, without using elaborate data manipulation and statistical
A full loan balance is a liability to the signatories as a group or from each of them individually, with enough free assets to satisfy the lender’s claim. The lender may sue
Under the rules of law, as circumstances direct fairness, the court has the power of a court to act or not to act.
Debt claim subordinate to a prior or senior claim. A senior claim of debt is cleared in a debtor’s asset liquidation before any subordinate debt claim is paid. Also known as subordinated
A person’s citizenship is by ‘blood’, that of the parents. This rule is followed in most countries of the world. Canada and US use Jus Solis (where born) instead.
One entered upon the failure of a party to appear or plead at the time appointed. See JUDGMENT.
These terms are applied to the discretionary action of a judge or court, and meandiscretion as above defined, that is, discretion bounded by the rules aud principles oflaw, and not arbitrary, capricious,
Proceedings relating to litigation. They are divided into (1)judgments, decrees, and verdicts; (2) depositions, examinations, and inquisitions takenin the course of a legal process; (3) writs, warrants, pleadings, etc., which are incidentto
A statutory proceeding in Vermont, for the eviction of a tenant holding over after termination of the lease or breach of itsconditions. Foss v. Stanton, 76 Vt. 365, 57 Atl. W2.
A joint contract is one made by two or more promisors, who are jointly bound to fulfill its obligations, or made to two or more promisees, who are jointly entitled to require
This differs from a joint-stock company in being regularly incorporated, instead of being a mere partnership, but resembles it in having a capital divided into shares of stock. Most business corporations (as
The younger of the counsel employed on the same side of a case, or the one lower in standing or rank, or who is entrusted with the less important parts of the
Persons jointly entitled to require satisfaction of the same debt or demand.
One who has obtained a judgment against his debtor, under which he can enforce execution. King y. Eraser, 23 S. C. 548; Baxter y. Moses, 77 Me. 405, 1 Atl. 350. 52
One whose claim or demand accrued at a date later than that of a claim or demand held by another creditor, who is called correlatively the “senior” creditor.
A commercial or maritime enterprise undertaken by several persons jointly; a limited partnership,
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