Uncertainty. 2. Certainty is required in contracts, wills, pleadings, judgments, and indeed in all the acts on which courts have to give a judgment, ana if they be vague, so as not to be understood, they are in general invalid. A charge of frequent intemperance and habitual indolence are vague and too general. … [Read more...] about VAGUENESS
VALUER
A person whose business is to appraise or set a value upon property. … [Read more...] about VALUER
VALEC, VALEOT, OR VADELET
In old English law. A young gentleman; also a servitor or gentleman of the chamber. Cowell. … [Read more...] about VALEC, VALEOT, OR VADELET
VALOR BENEFICIORUM
L. Latin: The value of every ecclesiastical benefice and preferment, according to which the first fruits and tenths are collected and paid It is commonly called the "king's hooks," by which the clergy are at present rated; 2 Steph. Comm. 533; Wharton. … [Read more...] about VALOR BENEFICIORUM
VALUE RECEIVED
This phrase is usually employed in a bill of exchange or promissory note, to denote that a consideration has been given for it. 2. The expression value received, when put in a bill of exchange, will bear two interpretations: the drawer of the bill may be presumed to acknowledge the fact that he has received value of the payee; or when the bill has been made payable to the order … [Read more...] about VALUE RECEIVED
