In mercantile law. Transferable quality. That quality of bills of exchange and promissory notes which renders them transferable from one person to another, and from possessing which they are emphatically termed "negotiable paper." 3 Kent, Comm. 74, 77, 89, et seq. See Story, Bills, … [Read more...] about NEGOTIABILITY
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NEMO ADMITTENDUS EST INHABILITARE SE IPSUM
Latin, meaning No one is allowed to incapacitate himself. … [Read more...] about NEMO ADMITTENDUS EST INHABILITARE SE IPSUM
NECESSITAS PUBLICA EST MAJOR QUAM PRIVATA
Latin, meaning Public necessity is greater than private necessity. … [Read more...] about NECESSITAS PUBLICA EST MAJOR QUAM PRIVATA
NEGATIVE COVENANT
A covenant or contract clause which prevents a party from doing something. … [Read more...] about NEGATIVE COVENANT
NECESSITIES
That which is absolutely necessary for survival, such as food, clothing and shelter. … [Read more...] about NECESSITIES