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Most Popular Legal Definitions

cestui que trust

1) an old fashioned expression for the beneficiary of a trust 2) "The one who trusts," or the person who will benefit from a the trust and will receive payments or a future distribution from the trust's assets

pauper's oath

An affidavit of indigence.

marriage

The voluntary union for life of one man and one woman to the exclusion of all others.

offender

one who commits a crime

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"

denial

the act of opposing or otherwise refusing a claim or request

unfair competition

Wrongful and/or fraudulent business methods to gain and unfair advantage.

authority

permission, a right coupled with the power to do an act or order others to act

arbitration

a 'mini-trial' which may be for a lawsuit ready to go to trial, usually held in an attempt to avoid a court trial, conducted by a person or a panel of people who are not judges

accounts receivable

the amount of money due or owed to a business or professional by customers or clients.