An amount of money that is recognized as a gain or a loss after the close of a transaction or event. … [Read more...] about REALIZED GAIN and REALIZED LOSS
R
REASONABLE MAN
A legal term to describe how a reasonably prudent person within a community would judge or behave in a specific situation. … [Read more...] about REASONABLE MAN
REALM
A kingdom; a country. … [Read more...] about REALM
REASONABLE MAN STANDARD
The standard for which the liability for negligence is measured. That which a reasonable person would have done. Hence, negligence is a standard of care that is less than what a reasonable person would have done under the circumstances. … [Read more...] about REASONABLE MAN STANDARD
RBVERSE, REVERSED
A term frequently used in the judgments of an appellate court, In disposing of the case before it. It then means "to set aside; to annul; to vacate." Lalthe v. McDonald, 7 Kan. 254. … [Read more...] about RBVERSE, REVERSED