South Carolina Code > Title 39 > Chapter 19 > Article 5 – Prevention of Fraud in Sale of Leaf Tobacco
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Terms Used In South Carolina Code > Title 39 > Chapter 19 > Article 5 - Prevention of Fraud in Sale of Leaf Tobacco
- Donor: The person who makes a gift.
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Lien: A claim against real or personal property in satisfaction of a debt.
- warehouseman: as used in this article , is defined as any person engaged in the business of selling leaf tobacco at auction for a commission or for any other consideration or any employee of such person. See South Carolina Code 39-19-420