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assumption,n.1. A fact or statement taken for granted; a supposition <a logical assumption>.2. The act of taking (esp. someone else’s debt or other obligation) for or on oneself; the agreement to so take <assumption of a debt>. — assume,vb. implied assumption.The imposition of personal liability on a land purchaser who buys subject to  a  mortgage …

assumpsit (<<schwa>>-s<<schwa>>m[p]-sit). [Law Latin “he undertook”] 1. An express or implied promise, not under seal, by which one person undertakes to do some act or pay something to another <an assumpsit to pay a debt>.2. A common-law action for breach of such a promise or for breach of a contract < the creditor’s assumpsit against…

assume  or  reject.Bankruptcy.  (Of  a  debtor-in-possession  or  a  trustee)  to  make  an  election under  the  Bankruptcy  Code  concerning  an  executory  contract  or  an  unexpired  lease  within  a prescribed period, depending on the chapter of the Code under which the case is proceeding and the subject  matter of the contract. • The timing,  procedure, and consequences…

assumed name. 1.ALIAS(1).2. The  name  under which a business operates or by  which it is commonly  known <Antex Corporation’s assumed  name is Computer Warehouse>. • Many states require  an  individual  or  business  operating  under  an  assumed  name  to  file  an  assumed-name certificate,  usu.  in  the  secretary  of  state’s  office  or  the  county  clerk’s  office  where …

assumed bond.See guaranteed bond under BOND(3).[Blacks Law 8th]

assultus premeditatus.See assault purpensé under ASSAULT.[Blacks Law 8th]

Association  of  Legal  Writing  Directors.A  nonprofit  corporation  composed  of  the  directors and former directors of law-school legal-writing programs, mostly in the United States. • Created in  1996  to  improve  those  programs,  it  supports  research  and  scholarship;  holds  a  biennial conference;  conducts  (with  the  Legal  Writing  Institute)  an  annual  survey  of  the  programs; maintains  a  listserv; …

Association  of  American  Law  Schools.An  organization  of  law  schools  that  have  each graduated at least three annual classes of students. — Abbr. AALS.[Blacks Law 8th]

association-in-fact enterprise.Under RICO, a group of people or entities that have not formed a legal entity, but that have a common or shared purpose, and maintain an ongoing organizational structure  through  which  the  associates  function  as  a  continuing  unit.  •  A  RICO  violation  is  not shown merely by proving that an enterprise, including an association-in-fact,…

association.  1.  The  process  of  mentally  collecting  ideas,  memories,  or  sensations.  2.  A gathering  of  people  for  a  common  purpose;  the  persons  so  joined.  3.  An  unincorporated organization that is not a legal entity separate from the persons who compose it. • If an association has  sufficient corporate  attributes, such  as  centralized  management,  continuity  of …