One which relates to business done or transacted upon the sea and in sea ports, and over which the courts of admiralty have jurisdiction concurrent with the courts of common law; such contracts include according to civilians and jurists among other things, charter parties, affreightments, marine hypothecations, contracts for the marine service in the building, re-pairing, … [Read more...] about MARINE CONTRACT
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MARITAL PRIVILEGE
The right not to be forced to disclose at trial the confidential communications between husband and wife during marriage. Such communications are inadmissible at trial without an exception. … [Read more...] about MARITAL PRIVILEGE
MARINE INSURANCE
contracts. Marine insurance is a contract whereby one party, for a stipulated premium, undertakes to indemnify the other against certain perils or sea risks, to which his ship, freight, or cargo, or some of them may be exposed, during a certain voyage, or a fixed period of time. 2. This contract is usually reduced to writing; the instrument is called a policy of insurance. 3. … [Read more...] about MARINE INSURANCE
MARITAL PROPERTY
The property that is accumulated by the spouses during the marriage, also referred to as community property in some states. State law governs what is to be included within marital property and may include exclusions, such as inheritance. … [Read more...] about MARITAL PROPERTY
MARINE INTEREST
contracts. A compensation paid for the use and risk of money loaned on respondentia and bottomry; provided the money be loaned and put in risk, there is no limit as to the amount which may be lawfully charged by the lender. … [Read more...] about MARINE INTEREST
