What does in lieu of bond mean?

What does in lieu of bond mean?

Rather than paying the cash to the court, the agent is hired and signs a guarantee to pay a set amount should the defendant fail to appear in court. In lieu of making this payment, the agent can locate and bring the defendant back to jail in a process known as surrendering the bond.

What does a lieu mean in English?

: place, stead. in lieu. : instead. in lieu of. : in the place of : instead of.

What does in lieu of recent events mean?

“A consideration which elucidates or which suggests a particular view of a subject,” according to the Oxford English Dictionary. “In light of recent headlines, we stocked up on Hostess products.” “In lieu of” is an idiom meaning “in place of; instead of,” says The American Heritage Dictionary..

What is Lieu law?

LAW US. until an amount of money is paid to prove that a person charged with a crime will not try to leave the country: in lieu of bail/bond He is being held in the City Jail in lieu of $500,000 bond.

What is the meaning of in lieu of in legal terms?

instead of

What is in lieu performance?

2 phrase If you do, get, or give something in lieu, you do, get, or give it instead of something else, because the two things are considered to have the same value or importance.

What does damages in lieu mean?

(1) Damages awarded are intended to compensate the claimant for the court’s decision not to grant relief in the form of an order for specific performance or an injunction.

What is another way to say in lieu of?

In this page you can discover 8 synonyms, antonyms, idiomatic expressions, and related words for lieu, like: in-lieu-of, place, instead, substitute, stead, position, untaken and pursuance.

What does damages in lieu of rescission mean?

“Where a person has entered into a contract after a misrepresentation has been made to him otherwise than fraudulently, and he would be entitled, by reason of the misrepresentation, to rescind the contract, then, if it is claimed, in any proceedings arising out of the contract, that the contract ought to be or has been …

What is misrepresentation law?

Definition: Getting into a contract with a person or a company on false grounds by making statements that are not in accordance with the facts is known as misrepresentation.

What is the effect of negligent misrepresentation?

This means the victim of negligent misrepresentation can sue for money damages in a court of law. Negligence consists of an individual’s duty to act reasonably under a given set of circumstances. As a result of the failure, the person acting negligently causes a plaintiff to incur money damages.

Can you terminate for misrepresentation?

False statement, made fraudulently, negligently or innocently, that causes the representee to alter its position. If the misrepresentation has become a term of the contract, the breach of which justifies termination, the representee can treat the contract as discharged for breach as above.

What are the effects of misrepresentation?

The effect of an actionable misrepresentation is to make the contract voidable, giving the innocent party the right to rescind the contract and/or claim damages.

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