41-60 Flashcards

1
Q

Prohibitory Injunction

A

Injunction which forbids certain conduct.

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2
Q

Specific Performance (E.R.)

A

Equitable remedy ordering contracting parties to perform obligations promised in the contract.

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3
Q

Mutuality of Performance

A

Court will grant specific performance if plaintiff already performed or to secure defendants performance under the contract.

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4
Q

Proportionate Abatement

A

Price reduced proportionately to amount of missing land.

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5
Q

Rescission (s.q.a)

A

Contract remedy to restore the status quo ante. Cancels contract and allows plaintiff to receive any tender given to defendant.

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6
Q

Specific Performance w Abatement(Land Sales)

A

Used in Equity for land sales contract/ when there is a quantitive defect /and full performance can’t be rendered.

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7
Q

Multiplicity of Suits

A

Existence of two or more suits with same issue against same defendant.

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8
Q

Scriveners’s Error

A

Clerical error on a legal document.

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9
Q

Unilateral Mistake

A

Occurs when either party knows or has reason to know that at the time a written instrument is signed, the writing does not conform to the agreement. (Reformation)

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10
Q

Decretal Transfer

A

Act by the court of transferring title to land by the courts decree.

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11
Q

Reformation (E.R.)

A

Equitable Remedy by a court to modify or alter a written instrument to make it conform to original agreement. Must be prior valid agreement between parties, writting fails to conform as result of mistake or fraud.

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12
Q

Commingled Funds

A

Wrongdoer commingles his own funds and missapropriated funds and uses funds to make a purchase.

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13
Q

Tracing

A

Equitable doctrine which allows plaintiff to trace misappropriated money when a constructive trust is sought.

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14
Q

First In, First Out Rule

A

An ACCOUNTING method that ASUMES that the first items purchased or received are the first sold or disposed of.

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15
Q

Economic Waste (Redoing Foundation house)

A

Type of waste that occurs when performance is more expensive than damages warranted and the court may not award damages.

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16
Q

Encroachments

A

Encroachment is a CONTINUOUS TRESPASS when defendant builds a structure on his land and partially on plaintiffs land. Court looks at economic hardships and CONDUCT when awarding Injuction or damages.

17
Q

Hallets Rule

A

Eqitable lein availible on an ACCOUNT’S BALANCE for the AMOUNT STOLEN in cases of commingled funds.

18
Q

Lowest Intermediate Balance Rule

A

Limits plaintiffs tracing rights. Equitable lien availible on the lowest balance in the account since the time commingling ocurred.

19
Q

Contempt

A

The enforcement of equity decrees if the defendant fails to comply with court ordered action.

20
Q

Civil Contempt

A

Form of contempt, defendant may be sentenced to jail but is not entitled to a jury, and the court may also impose an accruing fine.