Liable to be returned or rendered up at the mere demand or request of another; hence held or retained only on sufferance or by permission; and by an extension of meaning, doubtful, uncertain, dangerous, very liable to break, fail, or terminate. Precarious circumstances. The circumstances of an executor are precarious, within the meaning and intent of a statute, only when his character and conduct present such evidence of improvidence or recklessnss in the management of the trust-estate, or of his own, as in the opinion of prudent and discreet men endangers its security. Shields v. Shields, 60 Barb. (N. Y.) 56. Precarious loan. A bailment by way of loan which is not to continue for any fixed time, but may be recalled at the mere will and pleasure of the lender. Precarious possession. In modern civil law, possession is called “precarious” which one enjoys by the leave of another and during his pleasure. Civ. Code La. 1900, art. 3556. Precarious right. The right which the owner of a thing transfers to another, to enjoy the same until it shall please the owner to revoke it-Precarious trade. In international law. Such trade as may be carried on by a neutral between two belligerent powers by the mere sufferance of the latter.
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