B

A good judge decides according to justice and right and prefers equity to strict law. … [Read more...] about BONUS JUDEX SECUNDUM AEQUUM ET BONUM JUDICAT ET AEQUITATEM STRICTO JURI PRAEFERT

In a like kind exchange of property (Internal Revenue Code Sec. 1031), this refers any property or money value which does not quality. Selling a property for $150,000 resulting in a $50,000 gain in exchange for another property purchased for $130,000 results in $20,000 of boot or taxable gain. … [Read more...] about BOOT

A county at large, as distinguished from any particular place within it A county considered as a territorial whole. State v. Arthur, 39 Iowa, 632; People v. Dunn, 31 App. Div. 139, 52 N. Y. Supp. 968. … [Read more...] about BODY OF A COUNTY

A person who is in possession of property and who asserts that he is the rightful owner. … [Read more...] about BONA FIDE POSSESSOR

The main and operative part; the substantive provisions, as distinguished from the recitals, title, jurat, etc. … [Read more...] about BODY OF AN INSTRUMENT