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Dissolution
Dissolution1) Contracts. The dissolution of a contract, is the annulling its effects between the contracting parties. 2) Practice. The act of rendering a legal proceeding null, or changing its character. RELATED TERMS-------------------------------------- Dissolution 1) Contracts. The dissolution of a contract, is the annulling its effects between the contracting parties. 2) Practice. The act of rendering a legal proceeding null, or changing its character. 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. Effects This word used simpliciter is equivalent to property or, worldly substance, and may carry the whole personal estate, when used in a will. Parties Contracts. Those persons who engage themselves to do, or not to do the matters and things contained in an agreement. Practice The form, manner and order of conducting and carrying on suits or prosecutions in the courts through their various stages, according, to the principles of law, and the rules laid down by the respective courts. Legal That which is according to law. It is used in opposition to equitable, as the legal estate is, in the trustee, the equitable estate in the cestui que trust. Proceeding In its general acceptation, this word means the form in which actions are to be brought and defended, the manner of intervening in suits, of conducting them, the mode of deciding them, of opposing judgments and of executing. Null Properly, that which does not .exist; that which is not in the nature of things. In a figurative sense it signifies that which has no more effect than if it did not exist. Character The qualities impressed by nature or habit on a person, which distinguish him from other persons. These constitute his real character; while the qualities he is supposed to possess constitute his estimated character or reputation. "Reputation" may be evidence of character, but is not character itself. 8 Barb. 608 (1850). That which a person really is, in distinction from that which he may be reputed to be. SIMILAR TERMS-------------------------------------- Disseised Pleading. This is a word with a technical meaning, which, when inserted in an indictment for forcible entry and detainer, has all the force of the words expelled or unlawfully, for the last is superfluous, and the first is implied in the word disseised Disseisee Torts. One who is wrongfully put out of possession of his lands. Disseisor Torts. One who puts another out of the possession of his lands wrongfully. Dissent Contracts. A disagreement to something which has been done. Dissolution of marriage A legal judgment that severs a marriage relationship and returns each person to single status. PREVIOUS AND NEXT TERMS-------------------------------------- Disrate A term of maritime law where an officer or other seaman is either demoted in rank or deprived of a promotion. Disseised Pleading. This is a word with a technical meaning, which, when inserted in an indictment for forcible entry and detainer, has all the force of the words expelled or unlawfully, for the last is superfluous, and the first is implied in the word disseised Disseisee Torts. One who is wrongfully put out of possession of his lands. Disseisor Torts. One who puts another out of the possession of his lands wrongfully. Dissent Contracts. A disagreement to something which has been done. Dissolution Dissolution of marriage A legal judgment that severs a marriage relationship and returns each person to single status. Distrainor One who makes a distress of goods and chattels to enforce some right. Distraint The right of a landlord to seize the property of a tenant which is in the premises being rented, as collateral against a tenant that has not paid the rent or has otherwise defaulted on the lease, such as wanton disrepair or destruction of the premises. A common way to "distrain" against a tenant is by changing locks and giving notice to the tenant. A legal action to reclaim goods that have been distrained is called replevin. Distress infinite English practice. A process commanding the sheriff to distrain a person from time to time, and continually afterwards, by taking his goods by way of pledge, to enforce the performance of something due from the party distrained upon. Distribution By this term is understood the division of an intestate's estate according to law. We thank you for using the Juridical Dictionary to search for Dissolution. If you have a better definition for Dissolution than the one presented here, please let us know by making use of the suggest a term option. This definition of Dissolution may be disputed by other professionals. Our attempt is to provide easy definitions on Dissolution and any other medical topic for the public at large.
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