ipso jure
ipso jure (ip-soh joor-ee). [Latin “by the law itself”] By the operation of the law itself (despite the parties’ actions, the property will revert to the state, ipso jure, on May 1).
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enterprise
enterprise, n. 1. An organization or venture, esp. for business purposes. governmental enterprise. An enterprise undertaken by a governmental body, such as a parks department that creates a public park. — Also termed government enterprise. 2. Under federal anti-racketeering law, an individual, partnership, corporation, association, union, other legal entity, or group of individuals associated in
nonadmitted asset
An asset that by law may not be included in evaluating the financial condition of an insurance company because it cannot be converted quickly into cash without a financial loss. Cf. admitted asset. [Cases: Insurance 1363. C.J.S. Insurance § 168.]
nexus test
nexus test. The standard by which a private person’s act is considered state action — and may give rise to liability for violating someone’s constitutional rights — if the conduct is so closely related to the government’s conduct that the choice to undertake it may fairly be said to be that of the state. •
撤销
撤销 英语：rescission 法语：rescision, résolution (rétroactive) 德语：Rücktritt (vom Vertrag, vom Kauf) 意大利语：annullamento, abrogazione 西班牙语：rescisión
strict test
strict test. Evidence. The principle that disclosure of a privileged document, even when inadvertent, results in a waiver of the attorney–client privilege regarding the document, unless all possible precautions were taken to protect the document from disclosure. Cf. LENIENT TEST; HYDRAFLOW TEST. [Cases: Witnesses 219(3).]
preponderance of the evidence
preponderance of the evidence. The greater weight of the evidence, not necessarily established by the greater number of witnesses testifying to a fact but by evidence that has the most convincing force; superior evidentiary weight that, though not sufficient to free the mind wholly from all reasonable doubt, is still sufficient to incline a fair
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manahan type carried interest
Manahan-type carried interest. Oil & gas. A transaction in which the owner of a lease assigns all the working interest to someone else — who takes on specified costs of drilling and development — and the assignor retains a reversionary interest in part of the working interest, which reverts to the assignor once the assignee
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sponsio
sponsio (spon-shee-oh), n. [Latin] Roman law. An undertaking, available only to citizens, in the form of an answer to a question using a solemn form of words with religious overtones. • This was the original form of stipulation. See SPONDESNE? SPONDEOO; STIPULATIO.