Liable to be put on the tax rolls and taxed. Owing, however, to the Tramontana rising a little, and the sea growing somewhat rough, it was impossible for us to keep a straight course for Majorca, and we were compelled to coast in the direction of Oran, not without great uneasiness on our part lest we should be observed from the town of Shershel, which lies on that coast, not more than sixty miles from Algiers. Bad debt A debt that has become uncollectable. . If a union gets a majority of employees to sign cards, the company must usually deal with that union in collective bargaining. For example, a temporary allowance in a divorce may be alimony plus child support see those words.
Antitrust acts Federal and state laws to protect trade from monopoly control and from price fixing and other restraints of trade see those words. Example of How Legal Subjects are Subdivided. Appendix A: Where to Go for More Information. Accumulated retained earnings See retained earnings. Agreeing to an offer and thus forming a contract. Appeals council The place to appeal when dissatisfied with the ruling of an administrative law judge in a Social Security case. Authorize Give the right to act.
An agreement to pay on one side and to accept on the other side late payment or less than all a debt or obligation is worth as full payment for that obligation. Local allegiance is the temporary obedience but not personal loyalty that a person owes to the country he or she is living in temporarily. And if the items are contracts for the immediate and future delivery of a commodity, it is time arbitrage. A civil lawsuit or criminal prosecution. Account stated An exact figure for money owed, calculated by the person to whom the money is owed, and accepted as accurate by the person who owes the money.
The book gives the reader the core of each legal idea and helps them understand the American legal system as well as how to approach research tasks. The accountant-client privilege is the requirement in some states that accountants keep most client communications confidential. Insurance see that word ; and assured means insured. Using it, you will be able to understand most contracts, court decisions, laws, and lawyers. This third edition would not have been the same without their help. Accept Receive with approval, satisfaction, or the intention to keep see acceptance. For example, if a painting best primary evidence is available as evidence, a photograph of the painting secondary evidence may not do.
The language of Law uses mostly English words, but they rarely mean what they seem. Absolute nuisance A nuisance see that word that is not caused by negligent conduct. The Affirmation of Professional Responsibility is a set of ethical guidelines provided by the National Federation of Paralegal Associations. See also garnishment and levy. Absentee landlord A landlord who does not live on the premises, especially one who cannot be contacted easily by the tenants.
Bad law A judicial decision or administrative ruling that fails to follow precedent see that word or fails to comply with a statute or regulation. Built on a site occupied since prehistoric times, Oran was captured by the Spanish in 1509 and by the Turks in 1708. Making good on money owed. I really love this handy reference book - it has all of the standard definitions you could hope to find that revolve anywhere in close proximity to legal jargon. Any dividing up of benefits or costs by time periods, especially for tax purposes. Bankruptcies are handled by the federal courts. In most states, a person who assumes a risk of harm cannot win a negligence lawsuit against the person responsible for the harm because assumption of risk is a valid affirmative defense.
Bestow Give or grant something. Supreme Court decision that forfeiture of an amount of money grossly disproportionate to the seriousness of the crime for which the person was convicted violates the excess fines clause of the Eighth Amendment. Appellate jurisdiction The power and authority of a higher court to take up cases that have already been in a lower court and the power to make decisions about these cases. See Chapter Eleven for corporations and Chapter Thirteen for persons and small businesses. Assets Money, property, and money-related rights such as money owed owned by a person or an organization. For example, an ad valorem tax is a tax on the value of an item, rather than a fixed tax on the type of item.
Paying off a debt in installments, usually by making regular and equal payments. Attribution Saying or deciding that something belongs to or was said by a particular person. A typical business bad debt might be an unsecured bank loan with no monthly payments made for several months despite collection efforts. If the items are identical and traded in different places, it is called arbitrage or space arbitrage. This usually creates a fiduciary relationship.
Ordinary English Everyday English definitions of legal words are omitted unless needed to avoid confusion. Bigamy The crime of being married to two or more husbands or wives at the same time. Basis point 1 percent of 1 percent. They are different from legislative facts see that word. Assault An intentional threat, show of force, or movement that could reasonably make a person feel in danger of physical attack or harmful physical contact. A list of money paid and owed by one person or business to another. Even if I'm stuck somewhere without an internet connection, I have an entire legal dictionary readily available.