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

Category: N

NIGERIAN SCAM

Mail and email fraud based on false pretenses tempting people to send money or disclosed banking account information. The scam is someone inherited a large sum of money and needs assistance to

NO COST CHANGE

Overhead costs may occur but not affect a contract’s prices when a contract changes.

NOAH EFFECT

A continuous factors’ series suffering abrupt, disconnected interruptions. These changes affect value distribution all along the continuum, often skipping values in an upward or downward direction. Also refer to Joseph Effect, anti-persistence,

NON-COMPETITIVE TRADING

A dealer who does not expose his trading to the market and just gives it to his clients. This is illegal.

NO-SHOP CLAUSE

An agreement clause between an owner and a prospective buyer to suspend all other purchase negotiations for a stated time period. In other words, the seller agrees to stop seeking other acquisition

NECESSARY DILIGENCE

That degree of diligence which a person placed in a particularsituation must exercise in order to entitle him to the protection of the law in respect torights or claims growing out of

NATIONAL DOMAIN

A term sometimes applied to the aggregate of the property owned directly by a nation. Civ. Code La. I’.tOO. art. 4NO.

N USURPATIO

Lat. In the civil law. 1’he interruption of a usucaption, by some act on the part of the real owner. Calvin.

N VOUCHER

A receipt, acquittance, or release, which may serve as evidence of pay- ment or discharge of a debt, or to certify the correctness of accounts. An account- book containing the acquittances or

N WAINABLE

Ill old records. That may lie plowed or manured; tillable. Cowell; Blount.

NATURAL ALLEGIANCE

In English law. That kind of allegiance which is due from all men born within tlie king’s dominions, immediately upon their birth, which is intrinsic and perpetual, and cannot be divested by

NOTICE OF APPEARANCE

A notice given bv defendant to a plaintiff that he appears in the action in person or by attorney.

NATURAL BOUNDARY

Any formation or product of nature (as opposed to structures or erections made by man) which may serve to define and fix one or more of the lines inclosing an estate or

NATURAL CHILD

A bastard ; a child born out of lawful wedlock. But in a statute declaring that adopted shall have all the rights of “natural” children. the word “natural” was used in the

NAMATIO

L. Lat. In old English and Scotch law. A distraining or taking of a distress ; an impounding. Spelman.

NATIONALITY

That quality or character which arises from the fact of a person’s belonging to a nation or state. Nationality determines the political status of the individual, especially with reference to allegiance; while

NAUGHT

In old practice. Bad; defective. “The bar is naught.” 1 Leon. 77. “The avowry is naught” 5 Mod. 73. “The plea is undoubtedly naught.” 10 Mod. 329. See 11 Mod. 179.

NE DONA PAS, or NON DEDIT

The general issue in a formedon, now abolished. It denied the gift in tail to have been made in manner and form as alleged; and was therefore the proper plea, if the

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