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Most Popular Legal Definitions
act of God
unpreventable natural catastrophe, such as; an earthquake, tidal wave, volcanic
eruption, hurricane, or tornado; an act of God is determined on two grounds: 1)
the extent of damage and chaos they wreak 2) the impingement on established
contracts, which often state that "acts of God" are admissible excuses for delay
or failure to fulfill a commitment; many insurance policies exempt coverage for
damage caused by acts of God.
real property
A property interest in land.
simony
The crime of corruption for the purpose of a Church or religious
benefit.
American Depository Receipt
called an ADR in the banking trade, it is a receipt issued by American banks to
Americans as a substitute for actual ownership of shares or foreign stocks.
magna carta
Charter to which subscribed King John of England on June 12, 1215 in which a
basic set of limits were set on he King's powers.
comparative negligence
a principle of tort law which looks at the negligence of the victim and which
may lead to either a reduction of the award against the defendant, proportionate
to the contribution of the victim's negligence, or which may even prevent an
award altogether if the victim's negligence, when compared with the defendant,
is equal to or greater in terms or contributing to the situation which caused
the injury or damage
adjudication
1. the act of giving a judicial ruling such as a judgment or decree 2. order
declaring a debtor bankrupt is called an adjudication in bankruptcy proceedings
3. when land satisfies a debt or is given additional security
superior court
The name used in 16 states for the basic county trial court.
praecipe or precipe
Latin, the initiating document would be
presented to a court to be officially issued on behalf of the court, but now
mostly refers to the covering memo or letter from a lawyer which accompanies and
formallly asks tem for the write to be issued by the court clerk.
affirm
1) to offer a declaration of support in a judicial capacity 2) what an appeals
court does if it agrees with and confirms a lower court's decision 3) to state
positively