Search Results for: FRAME

similar sales

Eminent domain. Sales of like property in the same locality and time frame, admissible in a condemnation action to determine the marketable value of the particular property at issue. [Cases: Evidence 142. C.J.S. Evidence §§ 774–775, 780–781.]

similar sales Read More »

sovereign state

sovereign state. 1. A state that possesses an independent existence, being complete in itself, without being merely part of a larger whole to whose government it is subject. 2. A political community whose members are bound together by the tie of common subjection to some central authority, whose commands those members must obey. — Also

sovereign state Read More »

inn of chancery

Inn of Chancery. Hist. Any of nine collegiate houses where students studied either to gain entry into an Inn of Court or to learn how to frame writs in order to serve in the chancery courts. • Over time, the Inns — Clement’s, Clifford’s, Lyon’s, Furnival’s, Thavies’, Symond’s, Barnard’s, Staples’, and the New Inn —

inn of chancery Read More »

roman law

Roman law. The legal system of the ancient Romans, forming the basis of the modern civil law; CIVIL LAW(1). “The Roman law is the body of rules that governed the social relations of many peoples in Europe, Asia, and Africa for some period between the earliest prehistoric times and 1453 A.D. This date should perhaps

roman law Read More »

litis contestatio

litis contestatio (lI-tis kon-tes-tay-shee-oh). [Latin] 1. Roman law. The final agreement of the parties to a suit on the formula the praetor would issue to the judex. — Also termed contestatio litis. See FORMULA. “Both parties being present, or represented, before the praetor, the plaintiff stated the nature of his claim and asked for an

litis contestatio Read More »

maker

maker. 1. One who frames, promulgates, or ordains (as in lawmaker). 2. A person who signs a promissory note. See NOTE(1). Cf. COMAKER. [Cases: Bills and Notes 48, 118. C.J.S. Bills and Notes; Letters of Credit§§ 23, 80–82.] 3. DRAWER. accommodation maker. One who signs a note as a surety. See ACCOMMODATION(2); accommodation indorser under

maker Read More »

Scroll to Top