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Latin, meaning No one is allowed to incapacitate himself. … [Read more...] about NEMO ADMITTENDUS EST INHABILITARE SE IPSUM

An instrument embodying an obligation for the payment of money is called "negotiable" when the legal title to the instrument itself and to the whole amount of money expressed upon its face, with the right to sue therefor in his own name, may be transferred from one person to another without a formal assignment, but by mere indorsement and delivery by the holder or by delivery … [Read more...] about NEGOTIABLE

Latin, meaning No one can be twice punished for the same offence. … [Read more...] about NEMO BIS PUNITUR PRO EODEM DELICTO

See negotiable paper; a written document representing the unconditional promise to pay a sum of money on demand of its owner, the most common examples being checks and promissory notes. Negotiable instruments can be transferred, such as endorsing the back of a check and writing pay to the order of John Doe. … [Read more...] about NEGOTIABLE INSTRUMENT

Latin, meaning No one is bound to sell his own property, even for a just price. … [Read more...] about NEMO COGITUR SUAM REM VENDERE ETIAM JUSTO PRETIO