communis opinio doctorum (k[schwa]-myoo-nis [schwa]-pin-ee-oh dok-tor-[ schwa]m). [Latin “learned common opinion”] Hist. Scholarly agreement on points of Roman law, collected by the glossators of Justinian’s texts in the later Middle Ages.
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no-right, n. The absence of right against another in some particular respect. • A no-right is the correlative of a privilege. — Also termed liability. “A says to B, ‘If you will agree to pay me $100 for this horse you may have him and you may indicate your agreement by taking him.’ This is
Uniform Electronic Transactions Act. A 1999 model law designed to support electronic commerce by providing means for legally recognizing and retaining electronic records, establishing how parties can bind themselves in an electronic transaction, and providing for the use of electronic records by governmental agencies. • UETA covers electronic records and digital signatures but applies only
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A side agreement that relates to a contract, which, if unintegrated, can be supplemented by evidence of the side agreement; an agreement made before or at the same time as, but separately from, another contract. See COLLATERAL-CONTRACT DOCTRINE. [Cases: Evidence 440. C.J.S. Evidence §§ 1249–1251, 1283.]
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Doctor of Juridical Science. A graduate law degree, beyond the J.D. and the LL.M. — Abbr. S.J.D.; J.S.D. — Also termed Doctor of Judicial Science; Doctor of the Science of Jurisprudence; Doctor of the Science of Law.
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société (soh-see-ay-tay), n. [French] French law. A partnership. société anonyme (soh-see-ay-tay an-aw-neem), n. [French] French law. An incorporated joint-stock company. société d’acquêts (soh-see-ay-tay dah-kay), n. [French] French law. A written agreement between husband and wife designating community property to be only that property acquired during marriage. société en commandite (soh-see-ay-tay awn koh-mawn-deet), n. [French] French
leverage contract. An agreement for the purchase or sale of a contract for the future delivery of a specified commodity, usu. silver, gold, or another precious metal, in a standard unit and quantity, for a particular price, with no right to a particular lot of the commodity. • A leverage contract operates much like a
insurer. One who agrees, by contract, to assume the risk of another’s loss and to compensate for that loss. — Also termed underwriter; insurance underwriter; carrier; assurer (for life insurance). [Cases: Insurance 1002. C.J.S. Insurance § 32.] excess insurer. An insurer who is liable for settling any part of a claim not covered by an
valvasor (valv-[schwa]-sor), n. [Law Latin] Hist. A principal vassal who, though not holding directly of the sovereign, held of those who did so; a vassal of the second degree or rank. — Also spelled valvassor. See VAVASOR.
An agreement to indemnify a manufacturer, supplier, or retailer for a loss arising from the insured’s liability to a user who is harmed by any product manufactured or sold by the insured. [Cases: Insurance 2359.]
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