WAIF

Waifs are goods found, but claimed by nobody; that of which every one waives the claim. Also, goods stolen and waived, or thrown away by the thief in his flight, for fear of being apprehended. Wharton. Waifs are to be distinguished from bona fugitive, which are the goods of the felon himself, which he abandons in his flight from justice. Brown. See People v. Kaatz, 3 Parker, … [Read more...] about WAIF

A common vehicle for the transportation of goods, wares, and merchan-dise of all descriptions. The term does not include a hackney-coach. Quigley v. Gorham, 5 Cal 418, 63 Am. Dec 189. Wagonage. Money paid for carriage in a wagon. … [Read more...] about WAGON

contract. A compensation given to a hired person for his or her services. Law Dictionary - Alternative Legal Definition The compensation agreed upon by a master to be paid to a servant or any other person hired to do work or business for him. In maritime law. The compensation al-lowed to seamen for their services on board a vessel during a voyage. In political economy. The … [Read more...] about WAGES

A wager is a bet a contract by which two parties or more agree that a certain sum of money, or other thing, shall be paid or delivered to one of them, on the happening or not happening of an uncertain event. 2. The law does not prohibit all wagers. 3. To restrain wagers within the bounds of justice the following conditions must be observed: 1. Each of the parties must have the … [Read more...] about WAGERS

contracts. One made when the insured has no insurable interest. 2. It has nothing in common with insurance but the name and form. It is usually in such terms as to preclude the necessity of inquiring into the interest of the insured; as, interest or no interest, or, without further proof of interest than the policy. 3. Such contracts being against the policy of the law are … [Read more...] about WAGER POLICY