In other words, the higher the price, the lower the quantity demanded. Updated October 22, 2020: The legal definition of "affiliate" applies to business and retail relationships. The bond legal definition is, by law, a written agreement in which someone receives the bond (monetary payment) and promises to engage in a specific act, i.e., performing under a contract or appearing in court. Proof. Learn more. Wind Up: The last phase in the dissolution of a partnership or corporation, in which accounts are settled and assets are liquidated so that they may be distributed and the business may be terminated. legal definition: 1. connected with the law: 2. allowed by the law: 3. used to refer to a standard size of paper in…. Civil law is a comprehensive, codified set of legal statutes created by legislators. It is distinguishable from evidence in that proof is a broad term comprehending everything that may be adduced at a trial, whereas evidence is a narrow term describing certain types of proof … The establishment of a fact by the use of evidence. Affiliates are organizations, individual persons, or business concerns that are controlled by a third party or each other. lineup: A criminal investigation technique in which the police arrange a number of individuals in a row before a witness to a crime and ask the witness to identify which, if any, of the individuals committed the crime. The dissolution of a corporation or a partnership culminates in the wind up of all legal and financial affairs of the business. Bond Legal Definition. Law of Demand Definition The law of demand states that quantity purchased varies inversely with price. How to use legatee in a sentence. Hand up definition is - to deliver (an indictment) to a judge or higher judicial authority. Learn about self-defense law and related topics by checking out FindLaw's section on Criminal Law … In a police lineup, a witness to a crime, who may be the victim, observes a group of individuals that may or may not … Legal definition, permitted by law; lawful: Such acts are not legal. Legatee definition is - one to whom a legacy is bequeathed or a devise is given. Self-defense refers to your right to protect yourself from suffering force or violence through the use of a sufficient level of counteracting force or violence. State … n. a true legal dispute which leads to a genuine lawsuit rather than merely a "cooked up" legal action filed to get a court to give the equivalent of an advisory opinion. Engel's Law is a 19th century observation that as household income increases, the percentage of that income spent on food declines on a relative basis. See more. This is simple enough on its face, but it raises many questions when applied to actual situations. 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