Salic law (sal-ik orsay-lik). An influential early medieval Frankish code of law that originated with the Salian Franks and that deals with a variety of civil property and family issues but is primarily a penal code listing the punishments for various crimes. • Salic law is the principal compilation of the early Germanic laws known […]
A person or status entitled to generous and preferential treatment in legal doctrine.
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A cashier’s check that must be signed by the purchaser at the time of purchase and countersigned when cashed; an instrument that (1) is payable on demand, (2) is drawn on or payable at or through a bank, (3) is designated by the term “traveler’s check” or by a substantially similar term, and (4) requires,
reckless endangerment. The criminal offense of putting another person at substantial risk of death or serious injury. • This is a statutory, not a common-law, offense. [Cases: Assault and Battery 48. C.J.S. Assault and Battery §§ 2–3, 62, 64–66, 81.]
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A financial institution that either accepts demand deposits or makes commercial loans, but, unlike banks, does not do both at the same time and therefore can avoid federal regulations on bank ownership. • Nonbank banks were esp. prolific in the 1980s, but amendments to the definition of a bank under federal law have essentially closed
tortious interference with prospective advantage. An intentional, damaging intrusion on another’s potential business relationship, such as the opportunity of obtaining customers or employment. — Also termed interference with a business relationship. [Cases: Torts 10(1). C.J.S. Torts §§ 45–54.]
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reason to know. Information from which a person of ordinary intelligence — or of the superior intelligence that the person may have — would infer that the fact in question exists or that there is a substantial enough chance of its existence that, if the person exercises reasonable care, the person can assume the fact
land-use regulation. An ordinance or other legislative enactment governing the development or use of real estate. — Also spelled landuse regulation. [Cases: Zoning and Planning 1. C.J.S. Zoning and Land Planning §§ 2, 5–7, 17–18.] “Public regulation of the use and development of land comes in a variety of forms which generally focus on four
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bottomry. Maritime law. A contract by which a shipowner pledges the ship as security for a loan to finance a voyage (as to equip or repair the ship), the lender losing the money if the ship is lost during the voyage. • The term refers to the idea that the shipowner pledges the ship’s bottom,
outcome-determinative test. Civil procedure. A test used to determine whether an issue is substantive for purposes of the Erie doctrine by examining the issue’s potential effect on the outcome of the litigation. See ERIE DOCTRINE . [Cases: Federal Courts 373.]
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