An agreement that is in anticipation of another subsequent contract that will supersede the terms of the earlier contract. In essence, the earlier contract is a commitment to a directly related to the formalization of a future agreement. With individual agreements, there may be a question as to whether such a preparatory contract is legally binding. The performance of a … [Read more...] about PREPARATORY CONTRACT
P
PUTS AND REFUSALS
In English law. Time-bargains, or contracts for the sale of supposed stock on a future day. … [Read more...] about PUTS AND REFUSALS
PUTTING IN FEAR
These words are used in the definition of a robbery from the person; the offence must have been committed by putting in fear the person robbed. 2. This is the circumstance which distinguishes robbery from all other larcenies. But what force must be used, or what kind of fears excited, are questions very proper for discussion. The goods must be taken against the will of the … [Read more...] about PUTTING IN FEAR
PUTTING IN SUIT
as applied to a bond, or any other legal instrument, signifies bringing an action upon it, or making It the subject of an action. … [Read more...] about PUTTING IN SUIT
PURUS IDIOTA
Latin: A congenital idiot. … [Read more...] about PURUS IDIOTA