In other words, the higher the price, the lower the quantity demanded. Wind Up: The last phase in the dissolution of a partnership or corporation, in which accounts are settled and assets are liquidated so that they may be distributed and the business may be terminated. Common Law vs. Civil Law . Updated October 22, 2020: The legal definition of "affiliate" applies to business and retail relationships. The bond legal definition is, by law, a written agreement in which someone receives the bond (monetary payment) and promises to engage in a specific act, i.e., performing under a contract or appearing in court. Proof. Legal definition, permitted by law; lawful: Such acts are not legal. Self-defense refers to your right to protect yourself from suffering force or violence through the use of a sufficient level of counteracting force or violence. legal definition: 1. connected with the law: 2. allowed by the law: 3. used to refer to a standard size of paper in…. In a police lineup, a witness to a crime, who may be the victim, observes a group of individuals that may or may not … The establishment of a fact by the use of evidence. Hand up definition is - to deliver (an indictment) to a judge or higher judicial authority. Learn about self-defense law and related topics by checking out FindLaw's section on Criminal Law … Engel's Law is a 19th century observation that as household income increases, the percentage of that income spent on food declines on a relative basis. The dissolution of a corporation or a partnership culminates in the wind up of all legal and financial affairs of the business. Law of Demand Definition The law of demand states that quantity purchased varies inversely with price. Legatee definition is - one to whom a legacy is bequeathed or a devise is given. Civil law is a comprehensive, codified set of legal statutes created by legislators. lineup: A criminal investigation technique in which the police arrange a number of individuals in a row before a witness to a crime and ask the witness to identify which, if any, of the individuals committed the crime. How to use legatee in a sentence. See more. Affiliates are organizations, individual persons, or business concerns that are controlled by a third party or each other. n. a true legal dispute which leads to a genuine lawsuit rather than merely a "cooked up" legal action filed to get a court to give the equivalent of an advisory opinion. Bond Legal Definition. State … Learn more. This is simple enough on its face, but it raises many questions when applied to actual situations. 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