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Disaffirmance
DisaffirmanceThe act by which a person who has entered into a voidable contract. RELATED TERMS-------------------------------------- Person This word is applied to men, women and children, who are called natural persons. Voidable The law distinguishes between contracts which are void and those which are voidable. Some contracts have such a latent defect that they are said to be void (see definition of "void" above). Other have more minor defects to them and are voidable at the option of the party victimized by the defect. For example, contracts signed by a person when they are totally drunk are voidable by that person upon recovering sobriety. Contract A negotiated oral or written agreement setting forth the terms for an exchange of value between parties (which may be individuals or companies) and under which each party promises to perform an obligation. Certain terms, such as the obligations to be performed and the terms for setting price or compensation must be mutually understood, known in legal lingo as a "meeting of the minds," and promised to by the parties to form a legal contract. SIMILAR TERMS-------------------------------------- PREVIOUS AND NEXT 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. Directors register The Directors Register is one of the statutory registers that the company is required to maintain showing details of the directors and secretary. Name, address, occupation, nationality, date of birth and other directorships are recorded. Directory That which points out a thing or course of proceeding. Directory advertising schemes Fraudulent invoices claiming that the company is listed in a business directory and requesting payment. There may or may not be such a directory, and the directory may or may not ever be distributed or distributed as widely as claimed. For certain, no one ever ordered or authorized the directory advertisement. Dirimant impediments Canon law. Those bars to a marriage, which, if consummated, render it null. Disaffirmance Disbarment The official seizing of an attorney's license to practice law. Disbursement Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and some times it signifies to advance money. Discharge Practice. The act by which a person in confinement, under some legal process, or held on an accusation of some crime or misdemeauor, is set at liberty; the writing containing the order for his being so set at liberty, is also called a discharge. Discharged Released, or liberated from custody. Disciplinary procedure An employer should draw up a disciplinary procedure preferably with union or employee involvement. It is normally a condition of the employment contract that it is subject to the disciplinary procedure in force from time to time. Such a procedure will assist the employer in arguing that he has acted fairly as well as setting down good practice for both employer and employee in disciplinary matters. We thank you for using the Juridical Dictionary to search for Disaffirmance. If you have a better definition for Disaffirmance than the one presented here, please let us know by making use of the suggest a term option. This definition of Disaffirmance may be disputed by other professionals. Our attempt is to provide easy definitions on Disaffirmance and any other medical topic for the public at large.
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