Obligation
From LoveToKnow 1911
OBLIGATION, in law, a term derived from the Roman law, in which obligatio signified a tie of law (vinculum juris) whereby one person is bound to perform or forbear some act for another.
Obligations of Confidentiality
Where information is original and not publicly known, it may be considered to be confidential information.
Obligation
n.Legal responsibility to make payment of money owed to someone and supported by legal documents or performance of a certain duty or task because of a promise or a contract bound by law.
Legal-Explanations.com Home ...
COLLATERALIZED MORTGAGE OBLIGATION - Specialized instrument designed to even-out the cash flow payments of mortgage-backed securities. CMOs are backed by pools of mortgages and are not riskless.
A form of business organization in which an individual is fully and personally liable for all the obligations (including debts) of the business, is entitled to all of its profits and exercises complete managerial control.
Obligation
amount of money to be paid as support by the responsible parent and the manner by which it is to be paid
Obligee
The person who is to receive the benefit of someone else's obligation; that "someone else" being the obligor.
OBLIGATION. In its general and most extensive sense, obligation is synony- mous with duty.
Obligation created by law for reasons of justice and fairness. The doctrine of quasi contract is based upon the principle that a party must pay for a benefit he desired and received under circumstances that render it inequitable for him to retain it ...
obligation
n. a legal duty to pay or do something.
obligee
(ah-bluh-jee) n. the person or entity to whom an obligation is ow...
OBLIGATION
discharged. 29. The obligation is personal in another sense, as when the obligor binds himself to do a thing, and he provides his heirs... more ...
"Obligations are also discharged by novation, where, for example, a stipulation is taken from Titius for what you owe to Seius.
An obligation signed by the accused to secure his/her presence at the trial. This obligation means that the accused may lose money by not properly appearing for the trial. Often referred to simply as bond.
Bailiff ...
The obligation to act with care may arise out of a relationship established by contract, as in the duty assumed by a common carrier (e.g., a railroad) in preserving goods and passengers from damage or injury.
The obligation of "maintenance" requires the shipowner to provide a seaman with his basic living expenses while he is convalescing. Once a seaman is able to work, he is expected to maintain himself.
Joint obligation
Definition
1 : an obligation binding different obligors to a performance for one obligee
2 : an obligation binding one obligor to a performance for different obligees ...
Any legal obligation, either due now or at some time in the future. It could be a debt or a promise to do something.
BondAn obligation or a promise given to a court. A bond includes a recognizance. Administration Bond A promise with a surety(ies), offered by an application or required by a judge in an estate application filed with the court.
Despite the obligations that fall under temporary allegiance, the law affords aliens many of the rights that U.S. citizens possess.
The right and obligation to make decisions about a child's upbringing, including schooling and medical care. Many states typically have both parents share legal custody of a child. Compare physical custody.
legal papers ...
bail bond: an obligation signed by the accused, with sureties, to secure his presence in court. If the defendant fails to appear, the bondsman has a period of time to deliver the defendant to the court. If this is not done, the bond is forfeited.
Liability: An obligation that one is bound in law to perform; usually involves the payment of money damages.
Liable: Legally responsible.
bail bond- An obligation signed by the defendant, with sureties, to secure his/her presence in court;
bail bondsman - A person who posts bail in exchange for a fee, usually 10 percent of the total bail.
liability: an obligation to do, to eventually do, or to refrain from doing something; money owed; or according to law one's responsibility for his/her conduct; or one's responsibility for causing an injury ...
Recognizance An obligation entered into before a court whereby the recognizor acknowledges that he will do a specific act required by law.
Record All the documents and evidence plus transcripts of oral proceedings in a case.
burden of proof Obligation imposed by law on a particular party to prove the facts at issue; e.g., in a criminal case, the State is said to have the burden of proving the defendant's guilt beyond a reasonable doubt.
burglary See robbery.
TOP Accord and Satisfaction : A term of contract law by which one party, having complied with its obligation under a contract, ...
Security Interest When one party is owed money or some other obligation, collateral may be given to secure the obligation. That collateral is called a security interest.
Defaulting on a debt or other obligation such to account for public or trust funds. Usually used in the context of public officials. 2.
Accord & Satisfaction - An agreement between two or more persons or entities, which extinguishes an obligation or settles a claim or law suit.
Accretion - The imperceptible and gradual addition to land by the slow action of water.
A shareholder is not liable for the debts or other obligations of the company except to the extent of any commitment made to buy shares.
paternity suit - A court action to determine whether a person is the father of a child born out of wedlock for the purpose, commonly, of enforcing support obligations.
A term of contract law by which one party, having complied with its obligation under a contract, ...
Many states also impose child support obligations on parents for a year or two beyond this point if the child is a full-time student. If the parents are living separately, they each must still support the children.
A tax is not a "debt," that is, an obligation for the payment of money founded upon contract. It is an impost levied for the support of government, or for some special purpose authorized by it.
BURDEN OF PROOF - This refers to the evidentiary obligation of a party to legal proceedings having to "carry" the burden to prove his or her allegations during a trial. Different levels of proof are required depending on the type of case.
Wilful refusal to comply with a statutory obligation. An example might be refusing to supply a breath specimen for an alcohol test when the law requires that one does so;
Not carrying out a duty which is a contractual obligation; ...
(a) who is, for any reason, unable to meet his obligations as they generally become due, or
(b) who has ceased paying his current obligations in the ordinary course of business as they generally become due, or ...
These principles govern the conduct of parties during the law of war and armed conflict, and in a broader sense define the rights and obligations of neutral parties.
Fiduciary duty: an obligation to act in the best interest of another party.
Duty: In negligence cases, a "duty" is an obligation to conform to a particular standard of care.
Co-sign: To sign a promissory note or other obligation in order to share liability for the obligation.
Counterclaim: A demand by the defendant against the plaintiff asserting an independent cause of action in the same lawsuit.
ยง1335; a procedural device allowing a person in possession of property belonging to another (or owing an obligation to another) to bring an action against all persons who might be interested therein in order to determine to whom the property ...
Set Off: A debt or financial obligation of one spouse that the court weighs against a debt or financial obligation of the other spouse.
Settlement Agreement: The written version of the settlement.
Bail Bond - A financial obligation signed by the accused, and those who serve as sureties on his behalf, to guarantee his future appearance in court.
Bench Trial - A trial where a judge decides the case - not a jury.
Contract - An agreement between two or more persons that creates an obligation to do or not to do a particular thing.
Liability
The duty, obligation or responsibility arising by virtue of a contract or a tort (act of negligence).
Libel
A false defamatory statement which is written or printed and published or communicated to others.
liabilityA legal responsibility, obligation, or debt.
libelA method of defamation expressed by print, writing, pictures or signs. In its most general sense any publication that injures the reputation of another.
Quasi-Contract: An obligation created by the law in the absence of an agreement or contract; not based upon the intentions or expressions of the parties.
Related Searches child support obligation unpaid child support deadbeat parents deadbeat dad deadbeat parent failure to pay child support
Explore Single Parents
Must Reads ...
LIABILITY A legal obligation, responsibility or duty.
LIBEL A defamation expressed by print, writing, pictures or signs that is injurious to the reputation of another.
Acquittal - A release, absolution, or discharge of an obligation or liability. In criminal law the finding of not guilty.
Action Case- Cause, suit, or controversy disputed or contested before a court of justice.
Tax Exemption: Immunity from an obligation to pay taxes, in whole or in part.
Tax Freeze: A "freezing" of the assessed value of property for a period of time.
Burden of proof - The obligation of proving facts. In general, the burden (onus) lies on the claimant (plaintiff).
Adjudication is the legal process by which an arbiter or judge reviews evidence and argumentation including legal reasoning set forth by opposing parties or litigants to come to a decision which determines rights and obligations between the parties ...
An agreement between two or more persons that creates an obligation to do or not to do a particular thing.
Conviction
A judgement of guilt against a criminal defendant.
Inflexible working hours - it is normally accepted by Employment Tribunals that child care obligations fall primarily on women.
The need to have certain experience or qualifications in order to gain promotion or access to employment.
Lien - a legal claim usually against a piece of land for payment of some debt, obligation, or duty. Some forms of liens are tax liens and materialman's liens.
Litigation - a controversy in a court.
Term: Liability
Definition: The duty, obligation or responsibility arising by virtue of a contract or a tort (act of negligence).
Substantive law - The statutory or written law that governs rights and obligations of those who are subject to it.
Voidable - Capable of being declared invalid; a voidable contract is one where a person may avoid his obligation, as a contract between an adult and a minor.
 See also: Law, Person, State, Court, Will
|
