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USAGE

by Law Professor

Long and uniform practice. In its most extensive meaning this term includes custom and prescription, though it differs from them in a narrower sense, it is applied to the habits, modes, and course of dealing which are observed in trade generally, as to all mercantile transactions, or to some particular branches of trade. 2. Usage of trade does not require to be immemorial to … [Read more...] about USAGE

UNLAWFUL CONSPIRACY

by Law Professor

A criminal offense involving two or more people who plan to commit a crime. … [Read more...] about UNLAWFUL CONSPIRACY

UNPAID BALANCE

by Law Professor

The balance of a loan or remaining on an agreement which is not paid. … [Read more...] about UNPAID BALANCE

UNLAWFUL CONTRACT

by Law Professor

A contract which, by its terms, is unlawful or illegal, such as for the delivery of illegal drugs. … [Read more...] about UNLAWFUL CONTRACT

UNQUALIFIED OWNERSHIP

by Law Professor

Ownership that has no limitations or qualifications placed upon it. … [Read more...] about UNQUALIFIED OWNERSHIP

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