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intangible trade value

intangible trade value. Intellectual property. The measure of an enterprise’s proprietary information, ideas, goodwill, and other nonphysical commercial assets. • The law of misappropriation provides some protection against the taking of intangible trade values to compete unfairly with their original owner. — Also termed intangible asset; intangible trade property.

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devastavit

devastavit (dev-[schwa]-stay-vit), n. [Latin “he (or she) has wasted”] A personal representative’s failure to administer a decedent’s estate promptly and properly, esp. by spending extravagantly or misapplying assets. • A personal representative who commits waste in this way becomes personally liable to those having claims on the assets, such as creditors and beneficiaries.

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Annapolis Convention

Annapolis Convention 〈美〉安纳波利斯会议 尽管英国与其前北美殖民地已签署了和平条约,但仍继续危及美国航运,而北美十三州在对付英国海军一致行动上又有歧见;更糟的是,具有天然优势的州正对其邻近州造成不利,正如詹姆斯·麦迪逊〔James Madison〕描写道,一些「没有便利港口进行对外贸易的州,在通过邻近州进行对外贸易时不得不接受邻近州的征税」。解决这种残酷贸易战的方式就是采取国家行动,但其时的邦联国会〔Confederation Congress〕并无权力。马里兰州〔Maryland〕和弗吉尼亚州〔Virginia〕已就切萨皮克湾〔Chesapeake Bay〕及支流的航运达成一致意见,它们邀请特拉华州〔Delaware〕和宾夕法尼亚州〔Pennsylvania〕也加入这一协定,弗吉尼亚州则进一步建议召集一个包括各州的州际贸易会议,讨论州际共同商业政策。1786年10个州选派代表参加在马里兰州安纳波利斯举行的贸易会议,但由于种种原因在9月份只有五个州的代表实际参加会议,并没有达到法定州数,不过会议仍通过一项建议,由所有州在下一年第二个星期一在费城重新举行一次会议,来解决邦联政府体制的严重缺陷。这次会议本身并无重大意义,但作为以后召开制定宪法的全国会议的前奏,却有着不可否认的作用。

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runner

runner. 1. A law-office employee who delivers papers between offices and files papers in court. 2. One who solicits personal-injury cases for a lawyer. — Also termed capper. 3. A smuggler. 4. BrE. Slang. An escape; flight (from something); a voluntary disappearance.

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missing person

missing person. 1. Someone whose whereabouts are unknown and, after a reasonable time, seem to be unascertainable. 2. Someone whose continuous and unexplained absence entitles the heirs to petition a court to declare the person dead and to divide up the person’s property. See SEVEN-YEARS’-ABSENCE RULE . Cf. DISAPPEARED PERSON. [Cases: Death 2. C.J.S. Death

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quorum

quorum, n. Parliamentary law. The minimum number of members (usu. a majority of all the members) who must be present for a deliberative assembly to legally transact business. Pl. quorums.[Cases: Courts 101. C.J.S. Courts § 137.] constituency-based quorum. See interest-based quorum. disappearing quorum. A quorum whose presence may be more presumptive than actual. See presumption

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