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Published On:Thursday 12 January 2012
Posted by Muhammad Atif Saeed

Law Dictionary Word Under O

Oath swearing the truth of a statement.

Objects clause a clause which forms part of a company's memorandum of association It sets out the purposes the company was formed for. 

Obligation a legal duty to do something. 

Obligee someone who, under a contract, receives money or has something done.

Obligor someone who is bound by a contract to pay money or do something.

Obstruction a motoring offence involving:
_ leaving a vehicle or other obstruction in a road; or
_ driving in a way which inconveniences other road users.
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Occupation taking control of a piece of land which belongs to someone else.

Occupational pension scheme a pension scheme organised by an employer for its employees.

Occupier the person who is in control of a piece of land, such as a tenant.

Offensive weapon an object that is intended to physically injure someone.

Offer a promise to do something, or not to do something. If the promise is accepted it becomes legally binding. 

Offeree the person who receives the legally binding offer. 

Offeror the person who makes the legally binding offer.
 
Official receiver the person appointed to act as a receiver in bankruptcies and company winding-up cases. The Department of Trade and Industry appoints official receivers.

Official secret information which the Government classifies as confidential. It is a criminal offence to disclose an official secret without permission.

Official Solicitor an officer of the Supreme Court whose duties include acting for people who cannot act for themselves, such as children or people with mental health problems.

Omission a failure to do something.

Oppression the offence of public officials using their official positions to harm or injure people.

Option a type of contract under which money is paid for a right to buy or sell goods at a fixed price by a particular date in the future.

Order an instruction by or command of a court.

Order in Council an order given by the monarch (King or Queen) after taking advice from the members of the Privy Council. 

Originating summons a summons that sets out the questions the court is being asked to settle. When the facts in a case are not disputed, but the interpretation of the law or of the documents needs to be resolved, an originating summons is prepared.

Outlaw formerly, a person who was not protected by the law. 

Overt act an act done openly and from which the criminal intention of the act is clear.

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Posted by Muhammad Atif Saeed on 15:02. Filed under , . You can follow any responses to this entry through the RSS 2.0. Feel free to leave a response

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I am doing ACMA from Institute of Cost and Management Accountants Pakistan (Islamabad). Computer and Accounting are my favorite subjects contact Information: +923347787272 atifsaeedicmap@gmail.com atifsaeed_icmap@hotmail.com

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