In the context of contract law, material is a description frequently attributed to an important contractual provision or stipulation that would alter the contract performance . For example, a material breach of contract describes a court finding similar to that of lack of substantial performance of the contract.
What is the legal definition of material fact?
A material fact is a fact that a reasonable person would recognize as germane to a decision to be made , as distinguished from an insignificant, trivial, or unimportant detail.
What are legal materials?
Legal material means papers or documents that are required to be filed with the court and served upon opposing parties .
What does legal stuff mean?
1 allowable, allowed, authorized, constitutional, lawful, legalized, legitimate, licit, permissible, proper, rightful, sanctioned , valid. 2 forensic, judicial, juridical.
What is the legal definition of material change?
Material Change means any change in the business, operations, assets, liabilities, ownership or capital of the Issuer and any subsidiary considered on a consolidated basis that would reasonably be expected to have a significant effect on the market price or value of the Issuer’s securities; Sample 2. Sample 3.
What do you mean by raw materials?
Raw materials are the input goods or inventory that a company needs to manufacture its products . ... Examples of raw materials include steel, oil, corn, grain, gasoline, lumber, forest resources, plastic, natural gas, coal, and minerals.
What are the main sources of law?
- Sources of law are the origins of laws, the binding rules that enable any state to govern its territory.
- International Treaties.
- European Community Law.
- Legislation.
- Case Law.
- Equity (England only)
- Parliamentary Conventions (UK mainly)
- Customs (England & Commonwealth Nations)
How do you identify material facts?
Before you can identify a material fact, you must understand the concept. Think of material facts as the details one side uses to prove their case. Focus on the subject of the case . Although there are often many details in an opinion, you need to focus on the most relevant issue at hand.
What is an issue of fact?
Search Legal Terms and Definitions
n. in a lawsuit or criminal prosecution, an issue of fact in which the truth or falsity (or a mix of the two) must be determined by the “trier of fact” (the jury or the judge in a non-jury trial) in order to reach a decision in the case.
What material facts about a property must be disclosed?
Examples of established Material Facts are: that the property was the site of a murder or other major crime ; combustible cladding or asbestos being located on or in the property; prior use of the property as an illicit drug laboratory; and.
What is another word for legally?
In this page you can discover 32 synonyms, antonyms, idiomatic expressions, and related words for legally, like: lawfully , rightfully, illicitly, by statute, authorized, licitly, allowably, illegal, legitimately, permissibly and warranted.
What is legal and illegal?
1. prohibited by law ; against the law; unlawful; illicit; also, not authorized or sanctioned, as by rules. noun. 2. an alien who has entered a country illegally.
What does it mean if something is illegal?
: not according to or authorized by law : unlawful, illicit also : not sanctioned by official rules (as of a game) illegal.
What is meant by materially?
to an important degree; considerably: Their endorsement didn’t help materially. with reference to matter or material things and conditions ; physically. Philosophy. with regard to matter or substance as distinguished from form.
What is not a material change?
Intention. A material change must be intentionally made. The motive behind the alteration is unimportant. If a mistake or accident causes a change , this is not considered a material alteration, but the document may be reformed or rescinded.
What are non material changes?
Non- material amendments are changes that we conisder to be minor and do not significantly change your permission . If the amendments are considered to be material changes they will not be acceptable and you will have to submit a further planning application for a revised scheme and obtain a new planning permission.
