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Principal obligation
Principal obligationThat obligation which arises from the principal object of the engagement which has been contracted between the parties. It differs from an accessory obligation RELATED TERMS-------------------------------------- Obligation In its general and most extensive sense, obligation is synony- mous with duty. In a more technical meaning, it is a tie which binds us to pay or to do something agreeably to the laws and customs of the country in which the obligation is made. Principal 1) This word has several meanings. It is used in opposition to accessary, to show the degree of crime committed by two persons; thus, we say, the principal is more guilty than the accessary after the fact. 2) Contracts. One who, being competent to contract, and who is sui juris, employs another to do any act for his own benefit, or on his own account. 3) Criminal law. A principal is one who is the actor in the commission of a crime. Engagement This word is frequently used in the French law to signify not only a contract, but the obligations arising from a quasi contract. Parties Contracts. Those persons who engage themselves to do, or not to do the matters and things contained in an agreement. Accessory Property. Everything which is joined to another thing, as an ornament, or to render it more perfect, is an accessory, and belongs to the principal thing. SIMILAR TERMS-------------------------------------- Prince In a general sense, a sovereign the ruler of a nation or state. The son of a king or emperor, or the issue of a royal family; as, princes of the blood. The chief of any body of men. Principal 1) This word has several meanings. It is used in opposition to accessary, to show the degree of crime committed by two persons; thus, we say, the principal is more guilty than the accessary after the fact. 2) Contracts. One who, being competent to contract, and who is sui juris, employs another to do any act for his own benefit, or on his own account. 3) Criminal law. A principal is one who is the actor in the commission of a crime. Principal alien The alien who applies for immigrant status and from whom another alien may derive lawful status under immigration law or regulations (usually spouses and minor unmarried children). Principal contract One entered into by both parties, on their own accounts, or in the several qualities they assume. It differs from an accessory contract. Principles By this term is understood truths or propositions so clear that they cannot be proved nor contradicted, unless by propositions which are still clearer. They are of two kinds, one when the principle is universal, and these are kuown as axioms or maxims; as, no one can transmit rights which he has not; the accessory follows the principal, &c. The other class are simply called first principles. Principles of preference Believing that a just result was the paramount goal of choice of law decisions, David F. Cavers (supra) called on courts to analyze the controlling policies underlying the different competing laws and the concrete results which their application would entail in the given case. These results were then to be appraised from the standpoint of justice or broader considerations of social policy. The process, argued Cavers, would eventually result in the development of criteria for assessing the competing social values advanced by competing rules, so that the preferable rule could be identified. Ultimately, these criteria came to be known as Cavers' "principles of preference." Printing The art of impressing letters; the art of making books or papers by impressing legible characters. PREVIOUS AND NEXT TERMS-------------------------------------- Primum decretum In the courts of admiralty, this name is given to a provisional decree. Prince In a general sense, a sovereign the ruler of a nation or state. The son of a king or emperor, or the issue of a royal family; as, princes of the blood. The chief of any body of men. Principal 1) This word has several meanings. It is used in opposition to accessary, to show the degree of crime committed by two persons; thus, we say, the principal is more guilty than the accessary after the fact. 2) Contracts. One who, being competent to contract, and who is sui juris, employs another to do any act for his own benefit, or on his own account. 3) Criminal law. A principal is one who is the actor in the commission of a crime. Principal alien The alien who applies for immigrant status and from whom another alien may derive lawful status under immigration law or regulations (usually spouses and minor unmarried children). Principal contract One entered into by both parties, on their own accounts, or in the several qualities they assume. It differs from an accessory contract. Principal obligation Principles By this term is understood truths or propositions so clear that they cannot be proved nor contradicted, unless by propositions which are still clearer. They are of two kinds, one when the principle is universal, and these are kuown as axioms or maxims; as, no one can transmit rights which he has not; the accessory follows the principal, &c. The other class are simply called first principles. Principles of preference Believing that a just result was the paramount goal of choice of law decisions, David F. Cavers (supra) called on courts to analyze the controlling policies underlying the different competing laws and the concrete results which their application would entail in the given case. These results were then to be appraised from the standpoint of justice or broader considerations of social policy. The process, argued Cavers, would eventually result in the development of criteria for assessing the competing social values advanced by competing rules, so that the preferable rule could be identified. Ultimately, these criteria came to be known as Cavers' "principles of preference." Printing The art of impressing letters; the art of making books or papers by impressing legible characters. Priority The art of impressing letters; the art of making books or papers by impressing legible characters. Priority date In the U.S. Citizenship and Immigration ServicesImmigrant visa petition application process, the priority date is the date the petition was filed. If the alien relative has a priority date on or before the date listed in the visa bulletin, then he or she is currently eligible for a visa. We thank you for using the Juridical Dictionary to search for Principal obligation. If you have a better definition for Principal obligation than the one presented here, please let us know by making use of the suggest a term option. This definition of Principal obligation may be disputed by other professionals. Our attempt is to provide easy definitions on Principal obligation and any other medical topic for the public at large.
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