Read Short & Simple Definitions Of Complex Legal Terms
Liability that is determined to be against the public good or negiligent on behalf of a company or parties action. Any party that is assigned absolute liability may have to pay damages to effected parties.
right or property in a thing is transferred, free of any condition or qualification, by which it might be defeated or changed; as an ordinary deed of lands, in contradistinction to a mortgage, which is a condilional conveyance. Bur- rill; Falconer v. Buffalo, etc., R. Co., 69 N. Y. 491