Prior to 1978, the bankruptcy trustee appointed by the court was called the referee. … [Read more...] about REFEREE IN BANKRUPTCY
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REFERENCE
(A) contracts. An agreement to submit to certain arbitrators, matters in dispute between two or more parties, for their decision, and judgment. The persons to whom such matters are referred are sometimes called referees. (B) mercantile law. A direction or request by a party who asks a credit to the person from whom he expects it, to call on some other person named in order to … [Read more...] about REFERENCE
REFERENDARIUS
An officer by whom the order of causes was laid before the Roman emperor, the desires of petitioners made known, and answers returned to them. Vicat Voc. Jur.; Calvin. … [Read more...] about REFERENDARIUS
REDHIBITORY ACTION
In the civil law. An action for redhibition. An action to avoid a sale on account of some vice or defect in the thing sold, which renders its use impossible, or so Inconvenient and imperfect that it must be supposed the buyer would not have purchased it had he known of the vice. Civ. Code La. art. 2520. … [Read more...] about REDHIBITORY ACTION
REDUCTION INTO POSSESSION
The act of exercising the right conferred by a chose in action, so as to convert it into a chose in possession; thus, a debt is reduced into possession by payment Sweet. … [Read more...] about REDUCTION INTO POSSESSION
