Summary
An insurance company with multiple beneficiaries claiming life insurance proceeds may need to file an interpleader to resolve the dispute. A mortgagee is the lender in a mortgage agreement. Peremptory means decisive or final, often used in legal contexts like jury selection. Some legal inferences are so strong that once basic facts are proven, they cannot be challenged by any evidence.Full Conversation
who is mortgagee?
A mortgagee is the lender in a mortgage agreement, typically a bank or financial institution, that provides funds to the borrower (mortgagor) to purchase or refinance real estate. The mortgagee holds the mortgage until the loan is paid off.
Whenever a party has, by his own declaration, act, or omission, intentionally and deliberately led another to believe a particular thing true, and to act upon such belief, he cannot, in any litigation arising out of such declaration, act, or omission, be permitted to falsify it. SIMPLIFY
The statement can be simplified as:
If someone intentionally makes another person believe something and that person acts on it, the first person cannot later deny it in court.
peremptory, meaning?
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The term "peremptory" generally means something that is decisive, final, or not open to appeal or challenge. In legal contexts, it can refer to peremptory challenges, which allow attorneys to reject certain jurors without needing to provide a reason. Let me know if you need more details!
• Definition: These are inferences which the law makes so peremptory that it will not allow them to be overturned by any contrary evidence, however strong. Once the basic facts are proven, the presumed fact is established irrevocably. simplify
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Here's a simplified version:
Some legal inferences are so strong that once basic facts are proven, they can't be challenged or changed by any evidence, no matter how strong.
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