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Published On:Friday 13 January 2012
Posted by Muhammad Atif Saeed

Law Dictionary Word Under V

Vendee a person who buys something.

Vendor a person who sells something.

Verdict the jury's decision at the end of a case.

Vesting order a way the High Court transfers land without the need for a conveyance.

Vexatious litigant a person who regularly brings court cases which have little chance of succeeding.

Vicarious liability a situation where someone becomes responsible under the law for wrongs done by someone else. This often happens when an employee does something wrong while at work which becomes the employer's responsibility (such as an employee working negligently and causing someone else to be hurt because of the negligence).

Violent disorder three or more people in a gathering using or threatening to use unlawful violence. 

Void unable to be enforced by the law. 

Voidable - able to be cancelled in certain circumstances.

Voluntary arrangement an agreement between a debtor and the creditors. If a person or a company cannot pay their debts when they are due they can come to a voluntary arrangement with the creditors to pay the debts over a period. If the creditors agree with the proposals it avoids bankruptcy of the individual or liquidation of the company.

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Posted by Muhammad Atif Saeed on 02:19. Filed under , . You can follow any responses to this entry through the RSS 2.0. Feel free to leave a response

By Muhammad Atif Saeed on 02:19. Filed under , . Follow any responses to the RSS 2.0. 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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