FORCE
Categories: Contracts
Definition (1910 Edition)
where an assignee is obliged to sue in the name of his assignor, the suit is entitled “A. for use of B. v. C.” For enjoyment or employment without destruction. A loan “for use” is one in which the bailee has the right to use and enjoy the article, but without consuming or destroying it, in which respect it differs from a loan “for consumption.”—For value. See HoLpER.—For value received. See VALUE RECEIVED.—For whom it may concern. In a policy of marine or fire insurance, this phrase indicates tbat the insurance is taken for the benefit of all persons (besides those named) who may have an insurable interest in the subject.
when we say that a statute or a contract is “in force.”
when we say that a statute or a contract is “in force.”
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain.
UK commentary and modern updates are original additions. This entry is for educational
reference only and does not constitute legal advice.