A number which may be increased or diminished at pleasure. 2. When a corporation is composed of an indefinite number of persons, any number of them consisting of a majority of those present may do any act unless it be otherwise regulated by the charter or by-laws. See Definite number. … [Read more...]
INDEPENDENT CONTRACTOR
A person who is hired to do a job that is not an employee. They are not paid a salary, usually retain a measure of control over how the work they perform. Tax laws and intellectual property laws (such as copyright) make distinctions between employees and independent contractors. … [Read more...]
INDICT
See INDICTMENT. … [Read more...]
INDEFINITE PAYMENT
In Scotch law. Payment without specification. Indefinite payment is where a debtor, owing several debts to one creditor, makes a payment to the creditor, without specifying to which of the debts he means the payment to be applied. See Bell. Indennitum sequipollet universali. The undefined is equivalent to the whole 1 Vent 368. Indennitum supplet locum universalis. The undefined … [Read more...]
INDEPENDENT COUNSEL
An independent or special attorney or prosecutor appointed to investigate a high profile incident. … [Read more...]