Such damages as are unreasonably great, and not warranted by law. 2. The damages are excessive in the following cases: 1. When they are greater than is demanded by the writ and declaration. 6 Call 85; 7 Wend. 330. 2. When they are greater than is authorized by the rules and principles of law, as in the case of actions upon contracts, or for torts done to property, the value of … [Read more...]
EXCLUSIVE LICENSE
A contractual agreement which provides a person or entity the sole right to do something with regard to intellectual property, such as an exclusive right of publication of a book. … [Read more...]
EXCESSIVE FORCE
When one uses physical force that is greater than necessary, e.g. being unusually and excessively violent in the apprehension of a criminal. … [Read more...]
EXCLUSIVE REMEDY
When the law creates a specific remedy to deal with a particular harm, e.g. states that limit work-related injuries to workers' compensation, which is an exclusive remedy. … [Read more...]
EXCHANGE
(A) com. law. This word has several significations. 2. 1. Exchange is a negotiation by which one person transfers to another funds which he has in a certain place, either at a price agreed upon, or which is fixed by commercial usage. This transfer is made by means of an instrument which represents such funds, and is well known by the name of a bill of exchange. 3. 2. The price … [Read more...]