The Law Dictionary

VERTICAL PRIVITY

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A legal relationship in corporate law that exists between companies in the chain of distribution of a product. This relationship creates responsibilities between the companies involved, including being liable for defects in the product. For example, vertical privity exists between the manufacturer of a car and the dealership that sells it. Therefore, both the dealer and the … [Read more...]

VESTURE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

In old English law. Profit of land. "How much the vesture of an acre is worth." Cowell … [Read more...]

VERTUS

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Latin: True; truthful; genuine; actual; real; just … [Read more...]

VESTURE OF LAND

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A phrase including all things, trees excepted, which grow upon the surface of the land, and clothe it externally. Ham. N. P. 15L … [Read more...]

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