Thursday, May 16, 2019
net book value. An asset’s value as that value appears on an organization’s books, less the asset’s depreciation since the last valuation. [Cases: Taxation 🔑︎375(1). C.J.S. Taxation §§ 547-548, 556.]
"Black's Law Dictionary, 8th edition" by Bryan A. Garner
E.g. “Yo bro, I don’t trust the listed net book value for that ‘hang in there’ cat poster, so let’s get it appraised. Its last valuation was ages ago!”
Thank you for subscribing to Legal Term of the Day!
-the LTOTD team
Disclaimer: Subscribing to Legal Term of the Day (“LTOTD”) is completely optional and NOT a condition of continued employment. If you wish to unsubscribe, please use the voting button above. Note: It may take up to 10 days to process your request to opt out of future LTOTD communications, consequently, some communications such as emails, tweets, or facsimiles may continue to be directed to you in the interim period; if you continue to receive LTOTD communications 10 or more days after your request, please reach out to us for assistance. The materials contianed within this email and any related links are provided for informational purposes only. They are not intended as and do not constitute legal advice and should not be acted on as such. The materials and links are also not the legal opinions LTOTD or any of its subscribers, nor are the materials represented as being all-inclusive, correct, complete, or up-to-date. No one should rely on any information contained within this email communication or any related links.
Wednesday, May 15, 2019
mensura domini regis (men-
s[y]oor-ə
dom-ə-ni
ree-jis). [Law Latin “the measure of our lord the king”]
Hist. The standard weights and measures established under Richard I, in has Parliament at Westminster in 1197.
“Thus, under king Richard I, in his parliament holden at Westminster, A.D. 1197, it was ordained that there shall be only one weight and one measure throughout the kingdom, and that the custody of the assise or standard of weights and measures shall be committed to certain persons in every city and borough .... In king John’s time this ordinance of king Richard was frequently dispensed with for money which occasioned a provision to be made for enforcing it .... These original standards were called pondus regis, and mesura domini regis; and are directed by a variety of subsequent statutes to be kept in the exchequer, and all weights and measures to be made conformable thereto.” 1 William Blackstone, Commentaries on the Laws of England 265-66 (1765).
"Black's Law Dictionary, 8th edition" by Bryan A. Garner
E.g. “Yo bro, that bundle of corn doesn’t look anywhere near 40 kilograms, as you claim it to be, you better be using mensura domini regis!”
Thank you for subscribing to Legal Term of the Day!
-the LTOTD team
Disclaimer: Subscribing to Legal Term of the Day (“LTOTD”) is completely optional and NOT a condition of continued employment. If you wish to unsubscribe, please use the voting button above. Note: It may take up to 10 days to process your request to opt out of future LTOTD communications, consequently, some communications such as emails, tweets, or facsimiles may continue to be directed to you in the interim period; if you continue to receive LTOTD communications 10 or more days after your request, please reach out to us for assistance. The materials contianed within this email and any related links are provided for informational purposes only. They are not intended as and do not constitute legal advice and should not be acted on as such. The materials and links are also not the legal opinions LTOTD or any of its subscribers, nor are the materials represented as being all-inclusive, correct, complete, or up-to-date. No one should rely on any information contained within this email communication or any related links.
Tuesday, May 14, 2019
legal, adj.
1. Of or relating to law; falling within the province of law <pro bono legal services>
2. Established, required, or permitted by law;
LAWFUL <it is legal to carry a concealed handgun in some states>
3. Of or relating to law as opposed to equity. [Cases: Action 🔑︎21. C.J.S.
Actions § 124.]
"Black's Law Dictionary, 8th edition" by Bryan A. Garner
E.g. “Yo bro, that unlawful action you are engaged in is totally not legal!”
Thank you for subscribing to Legal Term of the Day!
-the LTOTD team
Disclaimer: Subscribing to Legal Term of the Day (“LTOTD”) is completely optional and NOT a condition of continued employment. If you wish to unsubscribe, please use the voting button above. Note: It may take up to 10 days to process your request to opt out of future LTOTD communications, consequently, some communications such as emails, tweets, or facsimiles may continue to be directed to you in the interim period; if you continue to receive LTOTD communications 10 or more days after your request, please reach out to us for assistance. The materials contianed within this email and any related links are provided for informational purposes only. They are not intended as and do not constitute legal advice and should not be acted on as such. The materials and links are also not the legal opinions LTOTD or any of its subscribers, nor are the materials represented as being all-inclusive, correct, complete, or up-to-date. No one should rely on any information contained within this email communication or any related links.
Monday, May 13, 2019
Kellogg-Briand Pact. Int’l law. A 1928 treaty under which the United States, France, and (by 1933) 63 other nations purported to outlaw war and pledged to settle future differences through diplomacy. ● Among the signatories were Germany, Japan, and Italy, nations whose acts of aggression led to World War II. 46 Stat. 2343, T.S. No. 796. – Also termed Pact of Paris.
"Black's Law Dictionary, 8th edition" by Bryan A. Garner
E.g. “Yo bro, how can you even think that the invasion by German armed forces was ‘pacific means’ or a ‘peaceful and orderly process’ within the meaning of the preamble to the Kellogg-Briand Pact? They clearly violated both its letter and spirit!”
Thank you for subscribing to Legal Term of the Day!
-the LTOTD team
Disclaimer: Subscribing to Legal Term of the Day (“LTOTD”) is completely optional and NOT a condition of continued employment. If you wish to unsubscribe, please use the voting button above. Note: It may take up to 10 days to process your request to opt out of future LTOTD communications, consequently, some communications such as emails, tweets, or facsimiles may continue to be directed to you in the interim period; if you continue to receive LTOTD communications 10 or more days after your request, please reach out to us for assistance. The materials contianed within this email and any related links are provided for informational purposes only. They are not intended as and do not constitute legal advice and should not be acted on as such. The materials and links are also not the legal opinions LTOTD or any of its subscribers, nor are the materials represented as being all-inclusive, correct, complete, or up-to-date. No one should rely on any information contained within this email communication or any related links.
Friday, May 10, 2019
Dear subscribers,
It was pointed out by many of our subscribers that yesterday’s LTOTD email contained two (2) errors.
- Our message to the subscribers included the phrase “Please accepted this corrected version” which should have read “Please accept this corrected version”.
- The wrong date was listed at the top of the email, it should have read “Thursday, May 09, 2019”, not “Thursday, May 08, 2019”
We here at LTOTD were shocked deeply mortified by these egregious mistakes, especially considering that the last mistake was just yesterday. We want our loyal subscribers to rest assured that corrective actions are underway. In addition to firing and re-hiring (due to a lack of suitable applicants) the individual responsible, one of the actions being taken is a complete reorganization of the LTOTD team. The newly reorganized positions were posted this morning, existing staff will continue in their current roles until all positions have been filled. The existing staff will be allowed to apply for the new positions, though a rigorous spelling and grammar test will be part of LTOTD’s already comprehensive selection process. You can expect an announcement as soon as all positions are filled. In the meantime, please bear with us, a reorganization of this scale could take anywhere from one (1) week to eighteen (18) years.
Sincerely, the LTOTD team
judgement creditor. A person having a legal right to enforce execution of a judgement for a specific sum of money.
bona fide judgement creditor. One who recovers a judgement without engaging in fraud or collusion.
"Black's Law Dictionary, 8th edition" by Bryan A. Garner
E.g. “Yo bro, I don’t want to end up paying a collection agency, or any other judgement creditor, one cent more than I have to!”
Thank you for subscribing to Legal Term of the Day!
-the LTOTD team
Disclaimer: Subscribing to Legal Term of the Day (“LTOTD”) is completely optional and NOT a condition of continued employment. If you wish to unsubscribe, please use the voting button above. Note: It may take up to 10 days to process your request to opt out of future LTOTD communications, consequently, some communications such as emails, tweets, or facsimiles may continue to be directed to you in the interim period; if you continue to receive LTOTD communications 10 or more days after your request, please reach out to us for assistance. The materials contianed within this email and any related links are provided for informational purposes only. They are not intended as and do not constitute legal advice and should not be acted on as such. The materials and links are also not the legal opinions LTOTD or any of its subscribers, nor are the materials represented as being all-inclusive, correct, complete, or up-to-date. No one should rely on any information contained within this email communication or any related links.
