Satisfaction - Law

Law

  • Satisfaction of legacies, a docterine of fulfilling a legacy during the testator's lifetime.
  • Accord and satisfaction, a contract law concept about the purchase of the release from a debt obligation

Read more about this topic:  Satisfaction

Famous quotes containing the word law:

    Courts of law, and all the paraphernalia and folly of law ... cannot be found in a rational state of society.
    Robert Owen (1771–1858)

    If he who breaks the law is not punished, he who obeys it is cheated. This, and this alone, is why lawbreakers ought to be punished: to authenticate as good, and to encourage as useful, law-abiding behavior. The aim of criminal law cannot be correction or deterrence; it can only be the maintenance of the legal order.
    Thomas Szasz (b. 1920)

    I believe it was a good job,
    Despite this possible horror: that they might prefer the
    Preservation of their law in all its sick dignity and their knives
    To the continuation of their creed
    And their lives.
    Gwendolyn Brooks (b. 1917)