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I

IMPOSTS

by Law Professor

Taxes, duties, or impositions. A duty on imported goods or merchandise. Impost is a tax received by the prince for such merchandises as are brought into any haven within his dominions from foreign nations. It may in some sort be distinguished from customs, because customs are rather that profit the prince maketh of wares shipped out; yet they are frequently confounded. Cowell. … [Read more...] about IMPOSTS

IMPLIED WAIVER

by Law Professor

A waiver that is assumed or inferred as a result of a party's conduct. … [Read more...] about IMPLIED WAIVER

IMPOTENCE

by Law Professor

In medical jurisprudence. The incapacity for copulation or propagating the species. Properly used of the male; but it has also been used synonymously with "sterility." Griffeth v. Griffeth, 162 111. 368, 44 N. E. 820; Payne v. Payne, 46 Minn. 467, 49 N. W. 230, 24 Am. St Rep. 240; Kempf v. Kempf, 34 Mo. 213. Impotentla excusat legem. Co. Litt. 29. The impossibility of doing … [Read more...] about IMPOTENCE

IMPLIED WARRANTY

by Law Professor

A warranty that is given to a purchaser by a seller as a result of the words uttered by the seller that implied a warranty or guaranty. Not explicit or written down, but an oral guarantee or a statement that implies something is true. The most common are a warranty of merchantability (suitable for sale and use for the purpose sold) and a warranty of fitness (suitable … [Read more...] about IMPLIED WARRANTY

IMPOTENTIA EXCUSAT LEGEM

by Law Professor

Latin, meaning Impossibility is an excuse in the law. … [Read more...] about IMPOTENTIA EXCUSAT LEGEM

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