Limitations, Statute of


Limitations, Statute of -

On account of the frailty of human memory and the uncertainty attached to long-deferred claims, all civilized countries have established limits within which rights may be litigated, the law defining them being called the Statute of Limitations. The statute begins to run when the right is complete, i. e., when the money claimed is due and payable, subject to certain exceptions in favor of minors, persons beyond seas and those non compos mentis. After it begins to run, it is not stopped by anything except a payment on account, or an acknowledgment of the debt accompanied by an express promise to pay it, which, in some States, must be in writing. In either event, the debt is said to be "revived" and the statute commences to run anew from the date of such revival. The limitation, being regulated by the various State Legislatures, differs widely throughout the United States.


Arround Limitations, Statute of in The Grocer's Encyclopedia


Lime Juicehome
"L"
"LI"
Ling
navigation:
SuperCooking

The Grocer's Encyclopedia
TOP 200



Recipes home
  English cuisine
  *** Star recipes ***
  Healthy food
  About us
  Content
  




 
Web SuperCooking.NET

Step-by-Step cooking guide on SuperCooking.Net copyright © 2006-2010 by Quid United Ltd.
About all question please contact: supercooking {-@-} quidunited.co.uk