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I

IMPOSSIBILITY

by Law Professor

The character of that which. cannot be done agreeably to the accustomed order of nature. 2. It is a maxim that no one is bound to perform an impossibility. That which, in the constitution and course of nature or the law, no man can do or perform. Impossibility is of the following several sorts: An act is physically impossible when it is contrary to the course of nature Such an … [Read more...] about IMPOSSIBILITY

IMPOSSIBLE CONTRACTS

by Law Professor

An impossible contract is one which the law will not hold binding upon the parties, because of the natural or legal impossibility of the performance by one party of that which is the consideration for the promise of the other. 7 Wait, Act A Def. 124. Impossible contracts, which will be deemed void in the eye of the law, or of which the performance will be excused, are such … [Read more...] about IMPOSSIBLE CONTRACTS

IMPOSTER

by Law Professor

One who poses as someone else for the purpose of deception. … [Read more...] about IMPOSTER

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

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