Money or any property that can be converted into supplies; means of raising money or supplies; capabilities of raising wealth or to supply necessary wants; available means or capability of any kind. Ming y. Woolf, 3 Mont 380; Sacry v. Lobree, 84 Cat 41, 23 Pac. 10&8; Shelby County v. Tennessee Centennial Exposition Co. 96 Tenn. 653, 36 S. W. 694, 33 L. R. A. 717. … [Read more...] about RESOURCES
RESOURCES
RESORT
(verb) - To go back. "It resorted to the line of the mother." Hale, Com. Law.(noun) - A court whose decision is final and without appeal is, in reference to the particular case, said to be a "court of last resort". The authority or jurisdiction of a court. The supreme court of the United States is a court of the last resort. … [Read more...] about RESORT
RESOLUTORY CONDITION
On which has for its object, when accomplished, the revocation of the principal obligation; for example, I will sell you my crop of cotton, if my ship America does not arrive in the United States, within six months. My ship arrives in one month, my contract with you is revoked. … [Read more...] about RESOLUTORY CONDITION
RESOLUTIVE
In Scotch conveyancing. Having the quality or effect of resolving or extinguishing a right. Bell. Resoluto jure concedentis, resolvitur jus concessum. The right of the grantor being extinguished, the right granted is extinguished. Mackeld. Rom. Law, 179; Broom, Max. 467. … [Read more...] about RESOLUTIVE
RESOLUTION
(A) A solemn judgment or decision of a court. This word is frequently used in this sense, in Coke and some of the more ancient reporters. It also signifies an agreement to a law or other thing adopted by a legislature or popular assembly. Vide Dict. de Jurisp. h. t. (B) Civil law. The act by which a contract which existed and was good, is rendered null. 2. Resolution differs … [Read more...] about RESOLUTION
