Warrant at Legal Glossary
What is it? See search warrant or arrest warrant.Law Definition Added By: Jada
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Law Terms executor is The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes whats left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.Law Terms nontransferable ticket is An airline ticket that can be used only by the passenger whose name appears on the ticket. All airlines require passengers to show ID when they check in, and an airline can confiscate a ticket if the names on the ID and on the ticket dont match.
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Law Terms guaranty is When used as a verb, to agree to pay another persons debt or perform another persons duty, if that person fails to come through. As a noun, the written document in which this assurance is made. For example, if you cosign a loan, you have made a guaranty and will be legally responsible for the debt if the borrower fails to repay the money as promised. The person who makes a guaranty is called the guarantor. Also known as a guarantee or warranty.