Examples of stock market being overvalues

Examples of stock market being overvalues

Author: DeFacto Date: 09.06.2017

Latin for "with even stronger reason," which applies to a situation in which if one thing is true then it can be inferred that a second thing is even more certainly true. Thus, if Anil is too young to serve as administrator, then his younger brother Amit certainly is too young. It is assumed the sun will come up tomorrow.

However, it has a negative side: Thus, a landlord can take over an apparently abandoned residence, but must store anything a tenant leaves behind and give notice to the tenant before selling the possessions, which are left.

To abandon children can mean to have no contact and give no support for a year or more. Examples may include possessions left in a house after the tenant has moved out or autos left beside a road for a long period of time, or patent rights of an inventor who does not apply for a patent and lets others use his invention without protest.

One may have abandoned the property of contract rights by not doing what is required by the contract. However, an easement and other land rights are not abandoned property just because of non-use. Abandonment of a spouse means intent at permanent separation, and with children a lengthy period of neither contact nor any support.

In maritime law abandonment has a special meaning: If one invents something and does not get a patent but allows others to use the invention or dedicates it to public use, the right to patent is probably abandoned. Confusion arises over abandonment of water rights, mining rights, or rights of way, since mere non-use is not sufficient to show abandonment.

This can include dikes, which illegally direct water onto a neighbor's property, high volume noise from a rock band or a factory, an improvement constructed in violation of building and safety codes, or seepage from a faulty septic tank. Kidnapping is more limited, requiring force, threat of force upon an adult or the taking of children.

Examples include title to real property in the estate of a person who has died and there is no obvious party to receive title or there appears to be no legal owner of the property, a shipwreck while it is being determined who has the right to salvage the ship and its cargo, or a bankrupt person's property before the bankruptcy court has decided what property is available to creditors or alleged heirs. It is often used to describe a person as capable of earning a living and, therefore, of paying alimony or child support abortion n.

Abrogate also applies to revoking or withdrawing conditions of a contract. Some abstracts only go back in history to the last change in title. In some places the abstract of title is prepared by a title company, and in other places by an individual who is called an abstractor. Most buyers and all lenders require the title report with an abstract. The information in the abstract is up to the moment, comes from the local county recorder's office, and usually requires an expert search.

A court of appeals will use a finding of this abuse as a reason to reverse the trial court judgment. Examples of "abuse of discretion" or judges' mistakes include not allowing an important witness to testify, making improper comments that might influence a jury, showing bias, or making rulings on evidence that deny a person a chance to tell his or her side of the matter. This does not mean a trial or the judge has to be perfect, but it does mean that the judge's actions were so far out of bounds that someone truly did not get a fair trial.

Sometimes the appeals courts admit the judge was wrong, but not wrong enough to have influenced the outcome of the trial, often to the annoyance of the losing party. In criminal cases abuse of discretion can include sentences that are grossly too harsh.

In a divorce action, it includes awarding alimony way beyond the established formula or the spouse's or life partner's realistic ability to pay.

Examples include serving officially giving a complaint to someone when it has not actually been filed, just to intimidate an enemy; filing a false declaration of service filing a paper untruthfully stating a lie that someone has officially given a notice to another person, filing a lawsuit which has no basis at law, but is intended to get information, force payment through fear of legal entanglement or gain an unfair or illegal advantage.

Some people think they are clever by abusing the process this way. A few unscrupulous lawyers do so intentionally and can be subject to discipline and punishment. Sometimes a lawyer will abuse the process accidentally; an honest one will promptly correct the error and apologize. This clause is most often found in promissory notes with installment payments for purchase of real property and requires that if the property is sold then the entire amount of the note is due immediately the so-called "due on sale clause".

This use often arises on the question of accepting a payment which is late or not complete or accepting the "service" delivery of legal papers. A written offer can be accepted only in writing. The agreement of "acceptance of service" must be in writing or there is no proof that it happened. In most jurisdictions there is a form entitled "receipt and acknowledgment of acceptance of service" or similar language which must be signed, dated and sent back to the attorney who sent the complaint or petition.

This rather vulgar use of "access" has been important because if a husband "had access" to his wife during the time when she became pregnant, it is presumed he is the father.

Modern use of blood tests and DNA studies may show the father to be someone other than the husband whether the husband "had access" or not. Usually the accessory is not immediately present during the crime, but must be aware that the crime is going to be committed or has been committed.

Usually an accessory's punishment is less than that of the main perpetrator, but a tough jury or judge may find the accessory just as responsible. Such accommodation is not the smartest business practice, since the holder of the note can go after the accommodator rather than the debtor and will do so if the accommodator has lots of money or is easier to locate than the debtor. Also unlike an accessory who can claim being only a subordinate figure, the accomplice may share in the same charge and punishment as the principal criminal.

Once the accord and satisfaction is made and the amount paid even though it is less than owed the debt is wiped out since the new agreement accord and payment the satisfaction replaces the original obligation.

It is often used by creditors as "a bird in the hand is worth two in the bush" practicality. Often the account stated is a bill, invoice or a summary of invoices, signed by the customer or sent to the customer who pays part or all of it without protest. This is important when a frustrated businessman sues for "account stated" which sets both the debtor's liability and the exact amount the debtor must pay, which is less complicated than claiming a debt is due and payable.

Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business's problems in paying its own debts. Evaluation of the chances of collecting based on history of customers' payments, quality of customers and age of the accounts receivable and debts is important. A big mistake made by people overly eager to buy a business is to give too high a value to the accounts receivable without considering the chances of collection.

Accretion is Mother Nature's little gift to a landowner. For example, the right to sue on a contract only accrues when the contract is breached not on mere suspicion that it might be breached or when the other party repudiates the contract anticipatory breach.

It is a verdict a judgment in a criminal case of not guilty. Latin shorthand meaning "for this purpose only. An ad hoc attorney is one hired to handle one problem only and often is a specialist in a particular area or considered especially able to argue a key point. A person acting ad litem has the responsibility to pursue the lawsuit and to account for the money recovered for damages. Some courts require an order terminating the guardianship ad litem upon proof of coming of age.

Latin for "based on value," which applies to property taxes based on a percentage of the county's assessment of the property's value. The assessed value is the standard basis for local real property taxes, although some place "caps" maximums on the percentage of value or "parcel taxes" which establish a flat rate per parcel.

Most commonly this is a proposed change or explanation such as a list of goods to be included in a contract, or some point that has been the subject of negotiation after the contract was originally proposed by one party. Real property sales agreements often have addenda plural of addendum as the buyer and seller negotiate fine points how payments will be made, what appliances will be included, date of transfer of title, the terms of financing by the seller and the like.

Although often they are not, addenda should be signed separately and attached to the original agreement so that there will be no confusion as to what is included or intended. Unsigned addenda could be confused with rough drafts or unaccepted proposals or included fraudulently.

Nasty legal fights can arise if the supposed adeemed gift is not clearly identified, as in "I give Ajay my family car. Better will language would be: In part this depends on what relief like an order granting one an easement over a neighbor's property or an order keeping the drunken husband away from the complaining wife a party is seeking.

examples of stock market being overvalues

A court is a bit self-congratulatory and subjectively judgmental when it announces that the remedy granted is "adequate" when it has done the best it can in the circumstances.

The order is only a piece of paper until he violates it, giving cause for his arrest. An adhesion contract can give the little guy the opportunity to claim in court that the contract with the big shot is invalid. This doctrine should be used and applied more often, but the same big guy-little guy inequity may apply in the ability to afford a trial or find and pay a resourceful lawyer.

It should not be confused with a recess, meaning the meeting will break and then continue at a later time. The term is used particularly in bankruptcy proceedings, in which the order declaring a debtor bankrupt is called an adjudication. This is important in calculating capital gains for income tax purposes since the adjusted basis is generally higher than the original price and will lower capital gains taxes. While a fair and responsible adjuster can serve a real purpose in getting information and evaluating the case for the insurance company, some adjusters try to make a settlement before the injured person has retained an attorney "don't worry, we'll pay your bills.

You don't need an attorney. He'll only confuse things. Some insurance companies try to make the attorney deal with the adjuster, which is cheaper than sending the case to defense attorneys. Adjusters also represent the company in approving settlements administer v. Such hearings can range from simple arguments to what amounts to a trial. There is no jury, but the agency or the administrative law judge will make a ruling.

There are exceptions such as emergency or obvious futility to exhausting one's remedies, but those are rare. Administrative law can be a technical jungle, and many lawyers make lots of money from knowing how to hack their way through it on behalf of their clients.

They are generally experienced in the particular subject matter of the agency involved or of several agencies. Formerly called "hearing officers," they discovered that there was more prestige and higher pay in being called "judge".

If there is a will but no available executor, the administrator is called an "administrator with will annexed. If an estate requires attention and no one has come forward to administer the estate, then the county Public Administrator may do so. In most cases state law requires that the administrator post a bond ordered by the court to protect the estate from mishandling or malfeasance. If the will includes real property in another state then the administrator or executor must find someone in the other state to handle the change of title and paying of local taxes, and that person is called an "ancillary administrator.

Admiralty law maritime law includes accidents and injuries at sea, maritime contracts and commerce, alleged violations of rules of the sea over shipping lanes and rights-of-way, and mutiny and other crimes on shipboard. Sometimes the evidence which a person tries to introduce has little relevant value usually called probative value in determining some fact, or prejudice from the jury's shock at gory details may outweigh that probative value.

In criminal cases the courts tend to be more restrictive on letting the jury hear such details for fear they will result in "undue prejudice. An admission is not to be confused with a confession of blame or guilt, but admits only some facts. In civil cases, each party is permitted to submit a written list of alleged facts and request the other party to admit or deny whether each is sony vegas pro 9 text effects tutorial or correct.

Failure to respond in writing is how much money does diddy make from ciroc admission of the alleged facts and may be used in trial.

Another party can quote in court an admission against interest even though it money don't make my world go round lyrics only hearsay. Theoretically the posting of bail is intended to guarantee the appearance of the defendant in court when required. In minor routine cases e. Otherwise bail is set at the first court appearance arraignment.

Although the Constitution guarantees the right to bail, in extreme cases murder, treason, mayhem the court is not required to admit a prisoner to bail of any amount due to the likelihood of the defendent fleeing the area, or causing further harm.

Bail bondsmen are usually readily available near larger courthouses and jails, charge roller coaster tycoon 2 make more money hacking percent of the amount of the court-required bond, and often demand collateral for the amount posted. When the case is concluded, the bail is "exonerated" released and returned to the bail bond company or to whoever put up the cash.

The defendant will admit or deny each allegation in his or her answer filed with the court. The adoption procedure varies depending on whether the child comes through an agency which handles adoptions or comes from a stranger or a relative, and on the age of the child and the adoptive parent or parents.

The hopeful adoptive parent must file a petition, which may be handled by the adoption agency. Natural parents must either give binding written permission for the adoption or have abandoned the child for a lengthy period of time. An investigation will be made by a county office probation or family services as to the future parents' suitability to adoption, their relationship status, their home situation, and their health, as well as the best interests of the child.

If the child is old enough to understand the procedure he or she 24 binary options cheat sheet trading have a say in the adoption. Finally there is a hearing before a local court judge called "surrogate" in some states and an adoption order made.

In many states a new birth certificate can be issued, with the adoptive parents listed as the parents. If there is an adoption of an adult, the adopting adult usually must be several years older, based on the state law. In recent years, there has been much controversy over adoption by single parents, including gays and lesbians, with the tendency toward allowing such adoptions, provided all other criteria beneficial to the child are met.

Sibin John is going to leave his son Rs 1,00, under his will or a percentage of the estate on John's death. John gives the son Rs 50, with the intention that it would be deducted from the inheritance. The main problem is one of proof that the advanced sum was against the projected inheritance. A person making an advancement should leave a written statement about the advancement or get a signed receipt.

Such gifts made shortly before death are more readily treated as an advancement than one made several years earlier. An adverse interest in real property is a claim against the property, such as an easement.

Sometimes when there are numerous parties and cross-complaints, parties may be adverse to each other on some issues and in agreement on other matters. Two beneficiaries of a person who has died may join together to claim a will was valid, but fight each other over the assets of the dead person's estate if the court rules the will was legal.

This can arise when a rancher fences in a parcel contending he was to get title from some prior owner, and then grazes cattle on the property for many years without objection by the title holder. Payment of real property taxes and making improvements such as paving or fencing for the statutory period are evidence of adverse possession but cannot be used by a land grabber with no claim to title other than possession.

An advisory opinion has no force of law but is given as a matter of courtesy. A private citizen cannot get how to make money on a hobby farm advisory ruling from a court and can only get rulings in an actual lawsuit.

Affirmative action has been the subject of legal battles on the basis that it is reverse discrimination against Caucasians, but in most challenges to affirmative action the programs have been upheld.

Many of these defenses fall into the "boilerplate" stated in routine, non-specific language category, but one or more of the defenses may help the defendant. The key is that affixed items are permanent and cannot be picked up and moved away like a washing machine. Thus, the new property also becomes correct trading binary options for a living for the debt.

This after-acquired property is not included in the assets which may be used to pay any debts which existed at the time of bankruptcy filing. When the title is acquired by the seller in this paper shuffle, title automatically goes to the person to whom it was sold, passing through the person who acquired title "like a dose of salts" on its way to the new purchaser.

John signs, acknowledges, and records a deed of the ranch to Sam, but John has not yet received title from the estate of his late father. When John gets title from his father's estate and records it, the after-acquired title goes automatically to Sam.

If the evidence absolutely could not have been discovered at the time of trial, it may be considered on a motion for a new trial. The claimant's problem is proof of age discrimination, but employers should beware. Even flight attendants in their late 30s have proved that there was age discrimination in replacing them with younger, "more attractive" women.

The basic rule html5 select option default value that the principal becomes responsible for the acts of the agent, and the agent's acts are like those of the principal Latin: Factual questions arise such as: There is also the problem of whether the principal acted in such a way as to make others believe someone was his agent-this is known as "apparent" or "ostensible" authority.

When someone who is or is not an employee uses company business cards, finance documents, or a truck with the company logo, such use gives apparent authority as an agent. Aggravated assault is usually a felony punishable by a term in state prison. Agreed statements are only used when the only remaining dispute boils down to a question of law and legal argument and not of the actual facts.

A lawyer redundancy since abet means aid, which lends credence to the old rumor that lawyers used to be paid by the word. In the original Latin it means "in another place," which has to be the ultimate alibi. There are resident aliens officially permitted to live in the country and illegal aliens who have sneaked into the country or stayed beyond the time allowed on a visa. It does not apply to interests other than title, such as a mortgage.

Failure to pay ordered alimony can result in contempt profit push inflation meaning court citations and even jail time. The level of alimony can be determined by written agreement and submitted to the court for a stipulated order. Income tax-wise, alimony is deductible as an expense for the payer and charged as income to the recipient.

Child support is not alimony. Until each statement is proved it is only an examples of stock market being overvalues. Some allegations are made "on information and belief" if the person making the statement is not sure of a fact. Proving that such an organization is a cover or alter ego for the real defendant breaks down that protection, but it can be difficult to prove complete control by an individual.

In the case of corporations, proving one is an alter ego is one way of "piercing the corporate veil. If the ambiguity is obvious it is called "patent," and if there is a hidden ambiguity it is called "latent.

One can amend a statute, a contract or a written pleading filed in a law -suit. The change is usually called an amendment. The legislature will amend a statute, the parties to a contract can amend it, and a party to a lawsuit can amend his or her own pleading. A contract can be amended only examples of stock market being overvalues the parties participating in the contract. If the contract is written, it can be amended only in writing although, curiously, an oral contract can be amended orally or in writing.

A pleading can be amended before it is served on the other party, by stipulation or agreement in court between the parties actually usually between their attorneysor upon order of the court. It must be in writing, and can be done before the complaint is served on any defendant, by agreement between the parties usually their lawyersor upon order of the court.

Complaints are amended to correct facts, add new causes of action bases for the lawsuitsubstitute discovered names for persons sued as "Does," or to properly plead a cause of action the legal basis for suing after the court has found the complaint inadequate.

Pleadings are amended for various reasons, including correcting facts, adding causes of action legal bases for a suitadding affirmative defenses, or responding to a court's finding that a pleading is inadequate as a matter of law. Amendments cannot be made willy-nilly, but only prior to being served, upon stipulation by the parties or order of the court. ADRs are traded on American stock exchanges and over-the-counter easily without the necessity of trading the foreign shares themselves.

Latin for "friend of the court," a party or an organization interested in an issue which files a brief or participates in stock market sleepers argument in a case in which that party or organization is o que significa mercado forex one of the litigants.

Most commonly it is used on a real property loan or financing of an automobile or other purchase. By figuring the interest on the declining principal and the number of years of the loan, the monthly payments are averaged and determined. Since the main portion of the early payments is interest, the principal does not decline rapidly until the latter stages of the loan term. If the amortization leaves a principal balance at the close of the time for repayment, this final lump sum is called a "balloon" payment.

Most commonly it determines if one or both owners have to sign documents. An answer generally responds to each allegation in the complaint by denying or admitting it, or admitting in part and denying in part. The answer may also com- prise "affirmative defenses" including allegations which contradict the complaint or contain legal theories like "unclean hands," "contributory negligence" or "anticipatory breach" which are intended to derail the claims in the complaint.

Sometimes the answer is in the form of a "general denial," denying everything. The answer must be in typed form, follow specific rules of pleading established by law and the courts, and be filed with the court and served on the defendant within a specific statutory time e. If the complaint is verified as under penalty of perjury, the answer must be also.

There is a fairly steep filing fee for each defendant filing an answer. In short, if served a complaint, one should see a lawyer as soon as possible to prevent a default judgment.

These are fairly common if either or both parties have substantial assets, children from a previous marriage, potential large inheritances, high incomes, or have been "taken" by a prior spouse. This can be by word "I won't deliver the rest of the goods" or "I can't make any more payments" or by action not showing up with goods or stopping payments. This is often a defense to a lawsuit for payment or performance on a contract. One cannot repudiate his obligations and demand that the other person perform.

Since under the law of agency the employer the principal is liable for the acts of his employee agentif a person who is not an agent appears to an outsider a customer to have been given authority by the principal, then the principal is stuck for the acts of anyone he allows to appear to have authority. This "apparent authority" can be given by providing Anand Mehta who has no authority to contract with materials, stationery, forms, a truck with a company logo, or letting him work out of the company office, so that a reasonable person would think Anand had authority to act for the company.

Then the contract or the price quote given by Anand and accepted by a third party is binding on the company. Apparent authority may also arise when Anand's works for the company, has no authority to contract, but appears to have been given that authority. Beware of the salesman who exceeds his authority or the hanger-on who claims to work for the boss.

After the lower court judgment is entered into the record, the losing party appellant must file a notice of appeal, request transcripts or other records of the trial court or agree with the other party on an "agreed-upon statement"file briefs with the appeals court citing legal reasons for over-turning the ruling, and show how those reasons usually other appeal decisions called "precedents" relate to the facts in the case.

No new evidence is admitted on appeal, for it is strictly a legal argument. The other party Respondent or appellee usually files a responsive brief countering these arguments. The appellant then can counter that response with a final brief.

If desired by either party, they will then argue the case before the appeals court, which may sustain the original ruling, reverse it, send it back to the trial court, or reverse in part and confirm in part. Once it is established that an attorney represents the person by filing a notice of appearance or representation or actually appearingthe lawyer may make an appearance for the client on some matters without the client being present.

If an attorney makes a "general appearance" he or she is telling the court that the client is definitely his or hers and the court can proceed. In the future that attorney will be required to represent the client.

The term is often used in legal briefs to describe a court of appeals. Thus the appellee has to file a response to the legal brief filed by the appellant. In many jurisdictions the appellee is called the "respondent.

This may be necessary in determining the value of the estate of someone who has died, particularly when the items must be divided among the beneficiaries, to determine the value of assets for insurance coverage, to divide partnership assets, set a sales price, determine taxes, or make insurance claims.

Some specialize in real property, and others in other types of assets from rugs to rings. A careful, well-trained and practical appraiser may be more important than any other professional in a transaction, since one who grossly undervalues or overvalues property or has no knowledge of true value can wreak havoc. Where possible, a person should ask for a profile of other clients and training, and ask whether the appraiser is "MAI" Member, Appraisal Institute.

This can include real property, jewelry, rare books, art works or securities. Since the bench area is the sacred territory of the judge the attorney must ask permission as "may I approach the bench," or simply, "may I approach. The purpose can range from explaining the order of witnesses, a technical problem or the need to take a recess to go to the restroom.

In real property law this describes any right or restriction which goes with that property, such as an easement to gain access across the neighbor's parcel, or a covenant agreement against blocking the neighbor's view. Thus, there are references to appurtenant easement or appurtenant covenant.

Most often it is used in reference to a judge's ruling. The arbitration may be agreed to by the parties, may be required by a provision in a contract for settling disputes, or may be provided for under statute.

In most cases the arbitrator is an attorney, either alone or as part of a panel. Most court jurisdictions now have lists of attorneys who serve as arbitrators. Other arbitrators come from arbitration services which provide lists from which the parties can agree on an arbitrator. Professional arbitration services are paid well to move cases along. There are also arbitrators who are experts on everything from construction to maritime damage.

In some contracts there is a provision for such an expert-type arbitrator named by each side with a third chosen by the other two. Latin meaning "for the sake of argument," used by lawyers in the context of "assuming arguendo" that the facts were as the other party contends, but the law prevents the other side from prevailing. In short, the lawyer is not admitting anything, but wants to make a legal argument only.

The word appears most commonly in appeals briefs. Since such a question is not allowable, often it is the basis of an objection before the question is answered, much like irrelevant, immaterial or hearsay. The definition of argumentative is somewhat vague, and different judges hear it differently.

It becomes important to determine if an agreement was freely entered into to show that the price, requirements, and other conditions were fair and real. This is the initial appearance of a criminal defendant unless continued from an earlier time in which all the preliminaries are taken care of.

Sometimes these are called "arrearages. An arrest may be made legally based on a warrant issued by a court after receiving a sworn statement of probable cause to believe there has been a crime committed by this person, for an apparent crime committed in the presence of the arresting officer, or upon probable cause to believe a crime has been committed by that person.

A private "security guard" cannot actually arrest someone except by citizen's arrest, but can hold someone briefly until a law officer is summoned. However, such self-help arrests can lead to lawsuits for "false arrest" if proved to be mistaken, unjustified or involving unnecessary holding. The warrant is issued upon a sworn declaration by the district attorney, a police officer or an alleged victim that the accused person committed a crime.

The perpetrators range from mentally ill pyromaniacs to store owners hoping to get insurance proceeds. Historically, arson meant just the burning of a house, but now covers any structure.

A death resulting from arson is murder. Articles must be signed by the incorporating person or persons or by the first board of directors. Intentionally hiding a known defect will make a seller liable for fraud and serves to cancel the "as is" provision. The assaulter must be reasonably capable of carrying through the attack. If the assault is with a deadly weapon such as sniping with a riflethe intended victim does not need to know of the peril. Other laws distinguish between different degrees first or second of assault depending on whether there is actual hitting, injury or just a threat.

They are both also intentional civil wrongs for which the party attacked may file a suit for damages. The assessed value is multiplied by the tax rate to determine the annual tax bill. Assets are shown in balance sheets of businesses and inventories of probate estates. There are current assets which includes accounts receivablefixed assets basic equipment and structuresand such intangibles as business good will and rights to market a product.

The word often shows up in contracts and wills. It is used commonly by lawyers, accountants, business people, title companies and others dealing with property. An association is not a legally established corporation or a partnership.

To make this distinction the term "unincorporated association" is often used, although technically redundant. Anil Jain pays part of the price of a piece of real property by taking over the debt that Amit Rathore had on the property.

However, usually the original owner to whom Amit owes the debt must agree to the assumption.

Glossary of Legal Terms beginning with letter A | Glossary | Law Library | AdvocateKhoj

Inclusion of such a term puts the burden on the discharged employee to show that he or she had reasons to believe the employment was permanent. The employer uses the "at will" provision to claim: We could fire the employee at any time, no matter what the reasons.

If an item is so attached it probably has become a part of the real property, except for "trade fixtures," which can be detached. The Supreme Court has ruled that an attachment may be made only after a hearing before a judge in which both sides can argue the danger that the party being sued defendant is likely to leave the area or otherwise avoid probable payment.

A temporary attachment may be allowed by court order without both parties being present based on a declaration of the party wanting the attachment that there is clear proof that the defendant is going to flee. The court must also require a bond to cover damages to the defendant if the attachment proves not to have been necessary.

Before the hearing requirement, pre-judgment attachments were common in which automobiles and bank accounts were held by the law enforcement officer, merely upon the plaintiff seeking the attachment getting a writ of attachment, posting a bond. This means more than just thinking about doing a criminal act or planning it without overt action. It also requires the opportunity and ability. Attempts can include attempted murder, attempted robbery, attempted rape, attempted forgery, attempted arson, and a host of other crimes.

The person accused cannot attempt to commit murder with an unloaded gun or attempt rape over the telephone.

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The attempt becomes a crime in itself, and usually means one really tried to commit the crime, but failed through no fault of himself or herself. One defendant claimed he could not attempt rape in an old Model A coupe because it was too cramped to make the act possible. The court threw out this defense. Sometimes a criminal defendant is accused of both the crime e. They require at least two witnesses to attest that a will was signed and declared to be a will.

Sometimes lawyers find themselves still on the record in cases such as divorces which they believe have long since been completed. It can take several forms 1 hourly charge, 2 flat fee for the performance of a particular service3 contingent fee such as one-third of the gross recovery, and nothing if there is no recovery4 statutory fees such as percentages of an estate for representing the estate5 court-approved fees such as in bankruptcy or guardianships6 some mixture of hourly and contingent fee or other combination.

It is wise and often mandatory for the attorney and the client to have a signed contract for any extensive legal work, particularly in contingent fee cases. Most attorneys keep records of time spent on cases to justify fees and keep track of when actions were takeneven when the work is not on an hourly basis. A "retainer" is a down payment on fees, often required by the attorney in order to make sure he or she is not left holding the bag for work performed, or at least as a good faith indication that the client is serious and can afford the services.

On the other hand, contingent fees require limits often one-third to protect the unwary client. Attorney fee disputes can be decided by arbitration, often operated by the local bar association. Attorney's fees are not awarded to the winning party in a lawsuit except where there is a provision in a contract for the fees or there is a statute which provides for an award of fees in the particular type of case.

Their importance is that they cannot be required to be introduced in court or otherwise revealed to the other side. In a trial, deposition, and written questions interrogatoriesthe attorney is required and the client is entitled to refuse to answer any question or produce any document which was part of the attorney-client contact.

Overvalued

The problem sometimes arises as to whether the conversation was in an attorney-client relationship. If a man tells his neighbor who happens to be an attorney that he embezzled funds, is he doing so while seeking legal advice or just chatting over the fence which is the test?

If a document was prepared as part of the legal preparation for a client, it usually is a "work product" and is also privileged.

Similar privileges exist between pastor and parishioner and doctor and patient. Too often people sign themselves as attorney-in-fact for relatives or associates without any power of attorney.

If someone claims to be able to sign for another, a demand to see the written power of attorney is reasonable and necessary.

In real estate matters the power of attorney must be formally acknowledged before a notary public so that it can be recorded along with the real estate deed, deed of trust, mortgage, or other document.

These have included tractors, unguarded swimming pools, open pits, and abandoned refrigerators.

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Liability could be placed on the people owning or controlling the premises even when the child was a trespasser who sneaked on the property.

Basically the doctrine was intended to make people careful about what dangerous conditions they left untended. An audit performed by employees is called "internal audit," and one done by an independent outside accountant is an "independent audit.

Auditors will note that the audit was based on such limited information and will refuse to sign the audit as a guarantee of the accuracy of the information provided.

A proper audit will point out deficiencies in accounting and other financial operations. Many counties have an appointed or elected auditor to make independent audits of all governmental agencies in the county government.

The term "auditor" is often misused as meaning any accountant. Often one person gives another authority to act, as an employer to an employee, a principal to an agent, a corporation to its officers, or governmental empowerment to perform certain functions.

There are different types of authority, including "apparent authority" when a principal gives an agent various signs of authority to make others believe he or she has authority; "express authority" or "limited authority," which spells out exactly what authority is granted usually a written set of instructions "implied authority," which flows from the position one holds and "general authority," which is the broad power to act for another.

It is often used to describe a person as capable of earning a living and, therefore, of paying alimony or child support. Adjusters also represent the company in approving settlements.

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