valid obligation

valid obligation
n.有效债务

English-Chinese dictionary of mining (英汉矿业大词典). 2013.

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  • valid — val·id / va ləd/ adj 1: having legal efficacy or force a valid license; esp: executed with proper authority and form a valid contract a valid search 2: having a legitimate basis: justifiable …   Law dictionary

  • obligation — A generic word, derived from the Latin substantive obligatio, having many, wide, and varied meanings, according to the context in which it is used. That which a person is bound to do or forbear; any duty imposed by law, promise, contract,… …   Black's law dictionary

  • mutuality of obligation — The characteristic of binding effect of a contract on both parties, 17 Am J2d Contr § 11; 46 Am J1st Sales § 61, or an undertaking on one side and a consideration on the other. 17 Am J2d Contr § 11; 49 Am J1st Spec Per § 34. It is a rule of law… …   Ballentine's law dictionary

  • suretyship — A contractual relation, resulting from a primary, original, absolute, and unconditional engagement, whereby one person, the surety, engages to be answerable for the debt, default, or miscarriage of another, the principal. Madison County Farmers… …   Ballentine's law dictionary

  • Civil Marriage — • The municipal law deals with this status only as a civil institution Catholic Encyclopedia. Kevin Knight. 2006. Civil Marriage     Civil Marriage      …   Catholic encyclopedia

  • novation — The extinguishment of one obligation by another, a concept of the civil law introduced into common law jurisprudence. 39 Am J1st Nov § 2. A contract that discharges immediately a previous contractual duty or a duty to make compensation and… …   Ballentine's law dictionary

  • novation — A type of substituted contract that has the effect of adding a party, either as obligor or obligee, who was not a party to the original duty. Substitution of a new contract, debt, or obligation for an existing one, between the same or different… …   Black's law dictionary

  • novation — A type of substituted contract that has the effect of adding a party, either as obligor or obligee, who was not a party to the original duty. Substitution of a new contract, debt, or obligation for an existing one, between the same or different… …   Black's law dictionary

  • run — I. verb (ran; also chiefly dialect run; run; running) Etymology: Middle English ronnen, alteration of rinnen, verbi. (from Old English iernan, rinnan & Old Norse rinna) & of rennen, verbt., from Old Norse renna; akin to Old High German rinnan,… …   New Collegiate Dictionary

  • South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… …   Wikipedia

  • OBLIGATIONS, LAW OF — This law is concerned with the rights of one person as against those of another (jus in personam), as distinguished from the law of property, which is concerned with a person s rights in a chattel or other property as against the world at large… …   Encyclopedia of Judaism

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