Canadian Law Dictionary.
Latin for "as much as is deserved." This is a legal principle under which a person should not be obliged to pay, nor should another be allowed to receive, more than the value of the goods or services exchanged.
Refers to decisions made by administrative tribunals or government officials to which the rules of natural justice apply.
Quid Pro Quo:
Latin: something for something. The giving of something in exchange for another thing of equal value.
A deed releasing interest in real property. Sometimes, when a Trustee has real property vested in him pursuant to the bankruptcy and there is no equity in that property, he may quit claim it to the mortgage holder, thereby saving the mortgage holder time and expense. The Trustee should charge the mortgage holder for executing this deed.
The number of people who must be present at a meeting before business can be conducted. For example, under the Bankruptcy and Insolvency Act there must be one person present, either in person or by proxy, at a meeting of creditors before the meeting is considered to be a properly constituted one and hence can carry on with the business of the meeting.
Latin and referring to a special legal procedure taken to stop a person or organization from doing something for which it may not have the legal authority.