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Most Popular Legal Definitions

Attorney General

highest ranking legal officer of the government in each state and the federal government; the federal Attorney General is chief of the Department of Justice appointed by the President with confirmation required by the Senate, and a member of the Cabinet

bar examination

examination given in each state by either the highest court or, if an "integrated" bar, by the state bar association (subject to appeal to the State Supreme Court) for admission as an attorney

capitalized value

 Anticipated earnings which are discounted so that they represent a more realistic current value since projected earnings do not always turn out as favorable as expected or hoped.

liquidated damages

 Pre-determined damages.

act

statutory plan passed by Congress or any legislature which is a bill until enacted and becomes law 2) (v.) a court offering a decision or ruling on a motion or petition

theft

To steal an item of property

caveat emptor

Latin for "let the buyer beware." The basic premise that the buyer buys at his/her own risk and therefore should examine and test a product himself/herself for obvious defects and imperfections.

assume

to take over the liability for a debt on a promissory note, which is often done by the buyer of real property which has a secured debt upon it; "to assume the debt"

motion

A proposal made to a Court or at a meeting and intended to be considered and decided upon.

scope of employment

Actions of an employee which further the business of the employer and are not personal business, which becomes the test as to whether an employer is liable for damages due to such actions under the doctrine of respondent superior.