A waiver that is assumed or inferred as a result of a party's conduct. … [Read more...]
IMPOTENCE
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...]
IMPLIED WARRANTY
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...]
IMPOTENTIA EXCUSAT LEGEM
Latin, meaning Impossibility is an excuse in the law. … [Read more...]
IMPLIED WARRANTY OF FITNESS
Also known as Fitness for a Particular Purpose; a warranty where the seller knows or should know the reasons and purpose for which a buyer will use what is sold and warrants that it is suitable for the intended use. For example, if a buyer is going rock climbing, the seller knows that the rope sold must be strong enough to hold a significant amount of weight and not be only … [Read more...]