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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.