The rule in life insurance stating that the beneficiary must wait a period of time to get their inheritance . It is paid to the estate. AKA survivorship clause.
C | Page 95
C
COMMON DUTY OF CARE
The requirement of the occupier of the property to ensure safety while on the premises. Refer to duty of care .
COMMON ENEMY DOCTRINE
A law that a property owner can take action to protect their property from damage despite any damage to their neighboring property.
COMMON ENTERPRISE
When many firms gather through a single goal. It can be shared employees and management, shared profits or loss, or ownership. If they seem to be bonded than it is […]
COMMON ENTERPRISE LIABILITY
The members of common enterprise must be liable for their own conduct and requirements .
COMMON EQUITY
The shareholders investment amount in a company.
COMMON EXTERNAL TARIFF (CET OR CXT)
A duty rate that a market adopts for trading. It is place on imports from other countries or markets.
COMMON FINE
In old English law . A certain sum of money which the residents in a leet paid to the lord of the leet, otherwise called “head silver,” “cert money,” (q. […]
COMMON FORM
A will is said to be proved in common form when the executor proves it on his own oath; as distinguished from “proof by witnesses,” which is necessary when the […]
COMMON GATEWAY INTERFACE (CGI)
Rules for a web server communication between programs on a machines.
COMMON GOOD
The best interest of a company. The good of the whole company is only as good as it is for the indivual.
COMMON HALL
A court in the city of I^ondon, at which all the citizens, or such as are free of the city, have a right to attend
COMMON ITEM
An item for sale with a standard application , design, and system requirements . It can be bought from many places or be customized.
COMMON JURY
This term is applied to the jury that is ordinary and not a special jury or a grand jury.
COMMON KNOWLEDGE
A fact that is widely known but assumed to be true without any proof that it is.
COMMON LAW
As distinguished from the Roman law, the modern civil law, the canon law, and other systems, the common law is that body of law and juristic theory which was originated, […]
COMMON LAW EMPLOYEE
A party that does work for a firm but isn’t a partner or proprietor.
COMMON LAW PROPERTY
The way a spouse’s ownership is decided wen a marraige occurs. Joint purchases are kept together but seperate ones are kept seperate. Should a death or divorce occur it is […]
COMMON LAW TEST
A test federal tax systmes use to decide if you are an employee or independent contractor . An employee is directed by the employer.
COMMON LAWYER
A lawyer learned in the common law. Common opinion is good authority in law. Co. Litt. 186a; Bank of Utica v. Mersereau. 3 Barb. Ch. (N. Y.) 528, 577, 49 […]
COMMON LEARNING
Familiar law or doctrine. Dyer, 275. 33.
COMMON MARKET
When countries in an area get duty free trade and movement of labor for its members. European trade is the best example of this. An external tariff is placed on […]
COMMON NAME
A brand for a substance. It is not related to any chemical or scientific identification .
COMMON OBJECT REQUEST BROKER ARCHITECTURE (CORBA)
Software that lets programs and machines work together. They can use any network or computer. Continious upgrades are needed.
COMMON OF DIGGING
Common of digging , or common in the soil, is the right to take for one’s own use part of the soil or minerals in another’s land; the most usual […]