See PETIT CAPE. … [Read more...] about PARVUM CAPE
P
PARTICULAR ESTATE
An estate which is carved out of a larger and which precedes a remainder; as, an estate for years to A, remainder to B for life; or, an estate, for life to A, remainder to' B in tail: this precedent estate is called the particular estate. … [Read more...] about PARTICULAR ESTATE
PARTNERSHIP AGREEMENT
A formal agreement, which may be express or implied, between the parties of a partnership to endeavor to engage in business and how it is to be conducted, such as profit and loss sharing, capital contributions and more. … [Read more...] about PARTNERSHIP AGREEMENT
PAS
In French. Precedence; right of going foremost. … [Read more...] about PAS
PARTICULAR LIEN
contracts. A right which a person has to retain property in respect of money or labor expended on such particular property. For example, when a tailor has made garments out of cloth delivered to him for the purpose, he is not bound to part with the clothes until his employer, has paid him for his services; nor a ship carpenter with a ship which he has repaired; nor can an … [Read more...] about PARTICULAR LIEN
