A term used in equity. When the donor of a power, who is the owner of the estate, imposes certain restrictions by the terms of the powers, these restrictions are called restraining powers. … [Read more...]
REST (NOUN)
n. Rests are periodical balancings of an account, (particularly in mortgage and trust accounts,) made for the purpose of converting Interest into principal, and charging the party liable thereon with compound interest Mozley & Whitley. … [Read more...]
RESTRAINING STATUTE
A statute which restrains the common law, where it is too lax and luxuriant 1 Bl. Comm. 87. Statutes restraining the powers of corperations in regard to leases have been so called in England. 2 BL Comm. 319, 320. … [Read more...]
RESPONDEAT SUPERIOR
Latin meaning let the principal answer. This is a doctrine in agency law which imputes liability to the employer for the negligent actions of an employee while the employee was performing work within the scope of his or her employment. … [Read more...]
REST (VERB)
v. In the trial of an action, a party is said to "rest," or "rest his case," when he Intimates that he has produced all the evidence he intends to offer at that stage, and submits the case, either finally, or subject to his right to afterwards offer rebutting evidence. … [Read more...]