- UK Tax Sheets
- Legal Documents
- Company Formation
- Business Jargon
- Business Software
- Book Store
- UK Official Links
Business terms and jargon explained. Your business dictionary
adeem
This is where a gift is made in a Last will and testament and is revoke or taken away within the lifetime of the testator. This may be unintentional, but the result is the same.
e.g. A farther leaves his son his Jaguar E-Type in his will. Before the farther passes away the car is involved in an accident and with the insurance money he buys a Lotus ES300.
As the jaguar no longer exists it can not be passed on to the son when the farther passes away if the gift is worded as a Jaguar E-Type. But if the will mentioned that the son will get the latest automobile the farther owned then he will inherit the Lotus ES300 car. See Get a Last will and testament
back to Business Terms Home page
Sign up for our free Newsletter for tax, legal and business tips.
|
Appraisal Policy This appraisal policy outlines the how a business has towards appraising its employees www.scopulus.co.uk |
Cohabitation Crisis Pack This document gives advice to a couple who have separated or who are about to separate. www.scopulus.co.uk |
Consultancy Agreement A Consultancy Agreement covering all the issues to be consider for appointment www.Scopulus.co.uk |
Partnership Agreement This legal document is for when two or more people come together to form a business. www.Scopulus.co.uk |
Search jargon and terms database for term:-
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Term created / updated 2008-01-16 22:30:14
Copyright © 2004-2009 Scopulus Limited. All rights reserved. Information is the key to life, understanding business terms and jargon will keep you in the loop. We only go to reliable sources to help you in this quest.