The Law Dictionary

PUT OPTION

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A type of market option contract where the owner of a commodity has an option (but not the obligation) to sell at a specified time and price. … [Read more...]

PUT OUT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

To open. To put out lights; to open or cut windows. 11 East 372. Putagium. haereditatem nom adimlt. 1 Reeve, Eng. Law, c 3, p. 117. Incontinence does not take away an inheritance. … [Read more...]

PUTATIVE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Reputed; supposed; commonly esteemed. Applied in Scotch law to creditors and proprietors. 2 Karnes, EQ. 105, 107, 109. Putative father. The alleged or reputed father of an illegitimate child. State v. Nest-aval, 72 Minn. 415, 75 X. W. 725. Putative marriage. A marriage contracted in good faith and in ignorance (on one or both sides) that impediments exist which render it … [Read more...]

PUTATIVE FATHER

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

The reputed father. 2. This term is most usually applied to the father of a bastard child. 3. The putative father is bound to support his children, and is entitled to the guardianship and care of them in preference to all persons but the mother. … [Read more...]

PUTATIVE MARRIAGE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

This marriage is described by jurists as matrimonium putativum, id est, quod bona fide et solemnitur saltem, opinions conjugis unius justa contractum inter personas vetitas jungi. Hertius, h. t. It is a marriage contracted in good faith, and in ignorance of the existence of those facts which constituted a legal impediment to the intermarriage. 2. Three circumstances must concur … [Read more...]

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