1. Windows; openings in the wall of a house for the admission of light 2. Signal lamps on board a vessel or at particular points on the coast, required by the navigation laws to be displayed at night. … [Read more...] about LIGHTS
L
LIMITATION OF LIABILITY
1. A contractual clause which may contain a disclaimer of liability under an agreement and may limit the scope and level of liability in the event of breach. 2. Where liability may be limited, capped or one may be made immune from liability, such as the limitation of personal liability for the debts of a corporation. … [Read more...] about LIMITATION OF LIABILITY
LIGHT-SHIP, LIGHT-VESSEL. A
vessel serving the purpose of a light house, usually at a place where the latter could not well be built. … [Read more...] about LIGHT-SHIP, LIGHT-VESSEL. A
LIMITATION REMEDIES
remedies. A bar to the alleged right of a plaintiff to recover in an action, caused by the lapse of a certain time appointed by law; or it is the end of the time appointed by law, during which a party may sue for and recover a right. It is a maxim of the common law, that a right never dies and, as far as contracts were concerned, there was no time of limitation to actions on … [Read more...] about LIMITATION REMEDIES
LIGIUS
A person bound to another by a solemn tie or engagement. Now used to express the relation of a subject to his sovereign. Ligna et lapides sub "armorum" appellations non continentnr. Sticks and stones are not contained under the name of "arms." Bract, fol. 1446. … [Read more...] about LIGIUS
