![]() |
||||||||||||||||
|
||||||||||||||||
|
Deadlock
DeadlockBy splitting voting rights of shareholders and directors equally between two interests in a joint venture company, each party can prevent those activities of which it does not approve. If a dispute blows up, the deadlock is difficult to break without one of the parties being bought out. RELATED TERMS-------------------------------------- Directors Persons who are appointed to the board of directors under procedures contained in the Articles of Association are the directors of the company. Shadow directors may also be treated as directors in some circumstances. Executives whose job title describe them as a director but are not members of the board are not treated as directors, although they may have ostensible authority to bind the company as if they were. Joint United, not separate; as, joint action, or one which is brought by several persons acting together; joint bond, a bond given by two or more obligors. Company An association of a number of individuals for the purpose of carrying on some legitimate business. Each Every one of the two or more composing the whole. Party Practice, contracts. When applied to practice, by party is understood either the plaintiff or defendant. In contracts, a party is one or more persons who engage to perform or receive the performance of some agreement. Deadlock By splitting voting rights of shareholders and directors equally between two interests in a joint venture company, each party can prevent those activities of which it does not approve. If a dispute blows up, the deadlock is difficult to break without one of the parties being bought out. Without Pleading. This word is adopted in formal traverses, and is a negative signifying "and not for;" accordingly the language of the elder entries sometimes is, It et nemy pur tiel cause. Parties Contracts. Those persons who engage themselves to do, or not to do the matters and things contained in an agreement. SIMILAR TERMS-------------------------------------- Dead Something which has no life; figuratively, something of no value. Dead body Criminal law. A corpse. Dead freight Contracts. When the charterer of a vessel has shipped part of the goods on board, and is not ready to ship the remainder, the master, unless restrained by his special contract, may take other goods on board, and the amount which is not supplied, required to complete the cargo, is called dead freight. Dead man's part English law. By the custom of London, when a deceased freeman of the city left a widow and children, after deducting what was calledthe widow's chamber, (q.v.) his personal property was divided into three parts; one of which belonged to the widow, another tot he children, and the third to the administrator. Dead mouth In the US penitentiary slang, told by an officer to be remain silent until otherwise instructed. Dead-born Descent, persons. Children dead-born are considered, in law, as if they had never been conceived, so that no one can claim a title, by descent, through such dead-born child. Dead-pledge A mortgage of lands or goods - mortuum vadium. Deadfreight A sum of damages payable by the charterer to the shipowner or intermediate charterer where the charterer loads less cargo than promised in the charterparty. PREVIOUS AND NEXT TERMS-------------------------------------- Dead body Criminal law. A corpse. Dead freight Contracts. When the charterer of a vessel has shipped part of the goods on board, and is not ready to ship the remainder, the master, unless restrained by his special contract, may take other goods on board, and the amount which is not supplied, required to complete the cargo, is called dead freight. Dead man's part English law. By the custom of London, when a deceased freeman of the city left a widow and children, after deducting what was calledthe widow's chamber, (q.v.) his personal property was divided into three parts; one of which belonged to the widow, another tot he children, and the third to the administrator. Dead-born Descent, persons. Children dead-born are considered, in law, as if they had never been conceived, so that no one can claim a title, by descent, through such dead-born child. Deadfreight A sum of damages payable by the charterer to the shipowner or intermediate charterer where the charterer loads less cargo than promised in the charterparty. Deadlock Dead-pledge A mortgage of lands or goods - mortuum vadium. Deaf, dumb, and blind A man born deaf, dumb, and blind, is considered an idiot. Dealings Traffic, trade; the transaction of business between two or more persons. Dean Ecclesiastical law. An ecelesiastictl officer, who derives his name from the fact that he presides over ten canons, or, prebondaries, at least. Death Cessation of life; extinction of political existence. We thank you for using the Juridical Dictionary to search for Deadlock. If you have a better definition for Deadlock than the one presented here, please let us know by making use of the suggest a term option. This definition of Deadlock may be disputed by other professionals. Our attempt is to provide easy definitions on Deadlock and any other medical topic for the public at large.
|
|||||||||||||||
| © Juridical Dictionary 2005. All rights reserved. | ||||||||||||||||