(I) Latin for meaning has already been judicially decided. Where a final judgment has been rendered on the merits of an action and no other court may hear an appeal. Also known as claim preclusion. (II) practice. The decision of a legal or equitable issue, by a court of competent jurisdiction. 2. It is a general principle that such decision is binding and conclusive upon all … [Read more...]
RESCISSION OF CONTRACT
The act of making a contract void and releasing the parties to the agreement. … [Read more...]
RES JUDICATA ACCIPITUR PRO VERITATE
Latin, meaning A thing adjudged is accepted for the truth. … [Read more...]
RESCISSORY ACTION
In Scotch law. One to rescind or annul a deed or contract. … [Read more...]
RES MANCIPI
Rom. civ. law. Those things which might be sold and alienated, or the property of them transferred from one person to another. The division of things in to res mancipi and res nec mancipi, was one of ancient origin, and it continued to a late period in the empire. Res mancipi (Ulph. Frag. xix.) are praedia in italico solo, both rustic and urban also, jura rusticorum praediorum … [Read more...]