P

(A) contracts. That which is given to execute what has been promised; or it is the fulfillment of a promise. Solvere dicimus cum quis fecit, quod facere promisit. But though this is the general acceptation of the word, yet by payment is understood, every way by which the creditor is satisfied or ought to be, and the debtor, liberated for example, an accord and satisfaction will … [Read more...] about PAYMENT

Usually referring to those police officers, sheriffs and persons involved in keeping and maintaining the peace and order. … [Read more...] about PEACE OFFICERS

Such as can be estimated in and compensated by money; not merely the loss of money or salable property or rights but all such loss deprivation or injury as can be made the subject of calculation and of recompense in money. … [Read more...] about PECUNIARY DAMAGES

Where a payment is made to a holder in due course (a person holding a debt instrument not knowing it may have been fraudulently transferred.) The true owner of the note cannot demand that the payor pay twice but must seek redress from the party that committed the fraud. … [Read more...] about PAYMENT IN DUE COURSE

Without argument or conflict. Peaceful. Free from the character of force, violence, or trespass; as, a "peaceable entry" on lands. "Peaceable possession" of real estate is such as is acquiesced in by all other persons, including rival claimants, and not disturbed by any forcible attempt at ouster nor by adverse suits to recover the possession or the estate. Peceata contra … [Read more...] about PEACEABLE