Where a person who has sold goods or other property to a purchaser sells them again to some one else. Sometimes a vendor reserves the right of reselling if the purchaser commits default in payment of the purchase money, and in some cases (e. iron a sale of perishable articles) the vendor may do so without having reserved the right Sweet … [Read more...] about RESALE
RESALE
RES UNIVERSATIS
Those things which belong to cities or municipal corporations are so called; they belong so far to the public that they cannot be appropriated to private use; such as public squares, market houses, streets, and the like. 1 Bouv. Inst. n. 446. … [Read more...] about RES UNIVERSATIS
RES PERIT DOMINO
The thing is lost to the owner. This phrase is used to express that when a thing is lost or destroyed, it is lost to the person who was the owner of it at the time. For example, an article is sold; if the seller have perfected the title of the buyer so that it is his, and it be destroyed, it is the buyer's loss; but if, on the contrary, something remains to be done before the … [Read more...] about RES PERIT DOMINO
RES NULLIUS
A thing which has no owner. A thing which has been abandoned by its owner is as much res nullius as if it had never belonged to any one. 2. The first possessor of such a thing becomes the owner, res nullius fit primi occupantis. … [Read more...] about RES NULLIUS
RES NULIS
Latin meaning The property of nobody. … [Read more...] about RES NULIS
