Search Results for: TEC

police power

police power. 1. The inherent and plenary power of a sovereign to make all laws necessary and proper to preserve the public security, order, health, morality, and justice. • It is a fundamental power essential to government, and it cannot be surrendered by the legislature or irrevocably transferred away from government. [Cases: Constitutional Law 81. […]

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home owners warranty

Home Owners Warranty. A warranty and insurance program that, among other coverage, insures a new home for ten years against major structural defects. • The program was developed by the Home Owners Warranty Corporation, a subsidiary of the National Association of Home Builders. Builders often provide this type of coverage, and many states provide similar

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ethical wall

ethical wall. A screening mechanism that protects a client from a conflict of interest by preventing one or more lawyers within an organization from participating in any matter involving that client. • This mechanism is designed to allow a lawyer to move to a new job without the fear of vicariously disqualifying the new employer

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disclosure

disclosure n. (1)披露;告知 (2)(证券法)信息披露 指向投资者披露的与其证券投资有关的财务及其他信息资料,也指为使投资者对某种证券作出理性评估而作出的提供充分信息的要求。 (3)〈美〉消费信贷成本信息披露《1968年消费者信贷保护法》〔Consumer Credit Protection Act of 1968〕要求贷款人向作为消费者的借款人提供消费信贷时,必须披露有关能够决定信贷交易价格评估基础的成本信息,如贷款总成本等。

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perfidy

perfidy (p[schwa]r-f[schwa]-dee).Int’l law. A combatant’s conduct that creates the impression that an adversary is entitled to, or is obliged to accord, protection under international law, when in fact the conduct is a ruse to gain an advantage. • Acts of perfidy include feigning an intent to negotiate under a flag of truce, or feigning protected

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probable cause

probable cause. 1. Criminal law. A reasonable ground to suspect that a person has committed or is committing a crime or that a place contains specific items connected with a crime. • Under the Fourth Amendment, probable cause — which amounts to more than a bare suspicion but less than evidence that would justify a

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