Search Results for: DISPUTE

tally

tally. 1. Hist. A stick cut into two parts and marked with notches to show what was due between a debtor and creditor. “The tally, used as a receipt for money or chattels, was a narrow wooden stick with notches of varying dimensions to represent the amount received. After the notches had been cut, the

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receptus

receptus (ri-sep-t[schwa]s). [Latin “(a person) having been received”] Civil law. An arbitrator. • The term takes its name from the idea that the arbitrator is “received” by the parties to settle their dispute.

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arbiter

arbiter (ahr-b[schwa]-t[schwa]r). One with the power to decide disputes, such as a judge (the Supreme Court is the final arbiter of legal disputes in the United States). Cf. ARBITRATOR.

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voidable

voidable, adj. Valid until annulled; esp., (of a contract) capable of being affirmed or rejected at the option of one of the parties. • This term describes a valid act that may be voided rather than an invalid act that may be ratified. — Also termed avoidable. [Cases: Contracts 98, 136. C.J.S. Contracts §§ 137,

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federal common law

The body of decisional law derived from federal courts when adjudicating federal questions and other matters of federal concern, such as disputes between the states and foreign relations, but excluding all cases governed by state law. • An example is the nonstatutory law applying to interstate streams of commerce. [Cases: Federal Courts 374.]

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equally divided

equally divided. 1. (Of property) apportioned per capita — not per stirpes — among heirs on the testator’s death. • A provision in a will calling for property to be divided “share and share alike” has the same effect. [Cases: Wills 530. C.J.S. Wills §§ 1015–1016.] 2. (Of a court, legislature, or other group) having

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