Louisiana Codes > Civil Code > PRELIMINARY TITLE > Title VII > Chapter 12 – Rescission for Lesion Beyond Moiety
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Terms Used In Louisiana Codes > Civil Code > PRELIMINARY TITLE > Title VII > Chapter 12 - Rescission for Lesion Beyond Moiety
- Contract: A legal written agreement that becomes binding when signed.
- Department: means the Louisiana Department of Children and Family Services. See Louisiana Children's Code 1003
- Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- In forma pauperis: In the manner of a pauper. Permission given to a person to sue without payment of court fees on claim of indigence or poverty.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
- Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.