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stowage

stowage (stoh-ij).Maritime law. 1. The storing, packing, or arranging of cargo on a vessel to protect the goods from friction, bruising, or water damage during a voyage. • The bill of lading will often prescribe the method of stowage to be used. [Cases: Shipping 110. C.J.S. Shipping §§ 326, 328.] 2. The place (such as […]

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moral right

moral right. (usu. pl.) Copyright. The right of an author or artist, based on natural-law principles, to guarantee the integrity of a creation despite any copyright or property-law right of its owner. • Moral rights include rights of (1) attribution (also termed “paternity”): the right to be given credit and to claim credit for a

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deceptive act

deceptive act. As defined by the Federal Trade Commission and most state statutes, conduct that is likely to deceive a consumer acting reasonably under similar circumstances. — Also termed deceptive practice; deceptive sales practice. [Cases: Consumer Protection 4; Trade Regulation 861. C.J.S. Credit Reporting Agencies; Consumer Protection §§ 29–31, 33–34, 36–39; Trade-Marks, Trade-Names, and Unfair

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obsolescence

obsolescence (ob-s[schwa]-les-[schwa]nts). 1. The process or state of falling into disuse or becoming obsolete. 2. A diminution in the value or usefulness of property, esp. as a result of technological advances. • For tax purposes, obsolescence is usu. distinguished from physical deterioration. Cf. DEPRECIATION. [Cases: Taxation 348(4).] economic obsolescence. Obsolescence that results from external economic

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marine insurance

An agreement to indemnify against injury to a ship, cargo, or profits involved in a certain voyage or for a specific vessel during a fixed period, or to protect other marine interests. [Cases: Insurance 2214–2256. C.J.S. Insurance §§ 394, 400–409, 434, 996–1014, 1195–1229.]

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historic site

historic site. A building, structure, area, or property that is significant in the history, architecture, archaeology, or culture of a country, state, or city, and has been so designated by statute. • A historic site usu. cannot be altered without the permission of the appropriate authorities. [Cases: Environmental Law 78.]

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