civ. law. A clerk in a store an agent. 2. He was so called because he watched over the business with which he was charged; and it is immaterial whether he was employed in making a sale in a store, or whether charged with any other business. Institor appellatus est ex eo, quod negotio gerendo instet; nec multum facit tabernae sit praepositus, an cuilibet alii negotiationi. … [Read more...] about INSTITOR
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INSTALLMENT CONTRACT
A contract calling for installments or portions of the contract to be completed at certain period of time over the life of a contract. … [Read more...] about INSTALLMENT CONTRACT
INSTITORIA ACTIO
Lat. In the civil law. The name of an action given to those who had contracted with an institor (q. v.) to compel the principal to performance. Inst 4, 7, 2; Dig. 14, 3, 1; 8tory, Ag. I 426. … [Read more...] about INSTITORIA ACTIO
INSTALLMENT OPTION
A pay as you go option for a purchaser. … [Read more...] about INSTALLMENT OPTION
INSTITORIAL POWER
The charge given to a clerk to manage a shop or store. 1 Bell, Comm. 506, 507. … [Read more...] about INSTITORIAL POWER