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Resale
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ResaleA second sale made of an article; as, for example, if A sell a horse to B, and the latter not having paid, for him, refuse to take him away, when by his contract he was bound to do so, and then A sells the horse to C.
RELATED TERMS--------------------------------------
Second
A measure equal to one sixtieth part of a minute.
Sale
Contracts. An agreement by which one of the contracting parties, called the seller, gives a thing and passes the title to it, in exchange for a certain price in current money, to the other party, who is called the buyer or purchaser, who, on his part, agrees to pay such price.
Example
An example is a case put to illustrate a. principle.
Horse
Until a horse has attained the age of four years, he is called a colt. This word is sometimes used as a generic name for all animals of the horse kind
Take
This is a technical expression which signifies to be entitled to; as, a devisee will take under the will. To take also signifies to seize, as to take and carry away.
When
1) At which time, in wills, standing by itself unqualified and unexplained, this is a word of condition denoting the time at which the gift is to continence. 2) The context of a will may show that the word when is to be applied to the possession only, not to the vesting of a legacy; but to justify this construction, there must be circumstances, or other expressions in the will, showing such to have been the testator's intent.
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--------------------------------------
Res nulis
(United Kingdom) Nobody’s property.
Res nullius
A thing which has no owner. A thing which has been abandoned by its owner is as much res nullius as if it had never belonged to any one.
Res perit domino
The thing is lost to the owner. This phrase is used to express that when a thing is lost or destroyed, it is lost to the person who was the owner of it at the time. For example, an article is sold; if the seller have perfected the title of the buyer so that it is his, and it be destroyed, it is the buyer's loss; but if, on the contrary, something remains to be done before the title becomes vested in the buyer, then the loss falls on the seller.
Res tudic ata
Practice. The decision of a legal or equitable issue, by a court of competent jurisdiction.
Res universatis
Those things which belong to cities or municipal corporations are so called; they belong so far to the public that they cannot be appropriated to private use; such as public squares, market houses, streets, and the like.
Resale
Resceit
1) The act of receiving or admitting a third person to plead his right in a cause commenced by two; as when an action is brought against a tenant for life or term of years, the reversioner is allowed to defend. 2) Resceit or receit. The admission or receiving of a third person to plead his right in a cause formerly commenced between two other persons; as, when an action is brought against a tenant for life or years, or any other particular tenant, and he makes default, in such case the reversioner may move that he may be received to defend his right, and to plead with the demandant.
Rescind
To abrogate or cancel a contract putting the parties in the same position they would have been in had there been no contract. Rescission can occur in one of two ways: either a contract can be set aside (rescinded) because of some defect in its formation (such as misrepresentation, duress or undue influence) or it can be set aside by agreement by the parties, for example if they reach a new agreement.
Rescission
Voluntary cancellation of a contract either unilaterally (by one party) or by both. Can only be exercised under certain circumstances.
Rescission of a contract
The destruction or annulling of a contract.
Rescous
crim. law, torts. This word is used synonymously with rescue, . and denotes the illegal taking away and setting at liberty a distress taken, or a person arrested by due process of law.
RELATED TERMS--------------------------------------
Second
A measure equal to one sixtieth part of a minute.
Sale
Contracts. An agreement by which one of the contracting parties, called the seller, gives a thing and passes the title to it, in exchange for a certain price in current money, to the other party, who is called the buyer or purchaser, who, on his part, agrees to pay such price.
Example
An example is a case put to illustrate a. principle.
Horse
Until a horse has attained the age of four years, he is called a colt. This word is sometimes used as a generic name for all animals of the horse kind
Take
This is a technical expression which signifies to be entitled to; as, a devisee will take under the will. To take also signifies to seize, as to take and carry away.
When
1) At which time, in wills, standing by itself unqualified and unexplained, this is a word of condition denoting the time at which the gift is to continence. 2) The context of a will may show that the word when is to be applied to the possession only, not to the vesting of a legacy; but to justify this construction, there must be circumstances, or other expressions in the will, showing such to have been the testator's intent.
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--------------------------------------
Res nulis
(United Kingdom) Nobody’s property.
Res nullius
A thing which has no owner. A thing which has been abandoned by its owner is as much res nullius as if it had never belonged to any one.
Res perit domino
The thing is lost to the owner. This phrase is used to express that when a thing is lost or destroyed, it is lost to the person who was the owner of it at the time. For example, an article is sold; if the seller have perfected the title of the buyer so that it is his, and it be destroyed, it is the buyer's loss; but if, on the contrary, something remains to be done before the title becomes vested in the buyer, then the loss falls on the seller.
Res tudic ata
Practice. The decision of a legal or equitable issue, by a court of competent jurisdiction.
Res universatis
Those things which belong to cities or municipal corporations are so called; they belong so far to the public that they cannot be appropriated to private use; such as public squares, market houses, streets, and the like.
Resale
Resceit
1) The act of receiving or admitting a third person to plead his right in a cause commenced by two; as when an action is brought against a tenant for life or term of years, the reversioner is allowed to defend. 2) Resceit or receit. The admission or receiving of a third person to plead his right in a cause formerly commenced between two other persons; as, when an action is brought against a tenant for life or years, or any other particular tenant, and he makes default, in such case the reversioner may move that he may be received to defend his right, and to plead with the demandant.
Rescind
To abrogate or cancel a contract putting the parties in the same position they would have been in had there been no contract. Rescission can occur in one of two ways: either a contract can be set aside (rescinded) because of some defect in its formation (such as misrepresentation, duress or undue influence) or it can be set aside by agreement by the parties, for example if they reach a new agreement.
Rescission
Voluntary cancellation of a contract either unilaterally (by one party) or by both. Can only be exercised under certain circumstances.
Rescission of a contract
The destruction or annulling of a contract.
Rescous
crim. law, torts. This word is used synonymously with rescue, . and denotes the illegal taking away and setting at liberty a distress taken, or a person arrested by due process of law.
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This dictionary contains 8526 terms.
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