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Legal Definitions - commission of appraisement and sale
The young man knows the rules, but the old man knows the exceptions.
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Definition of commission of appraisement and sale
Definition: A commission of appraisement and sale is a court order that requires the sale of property in an in rem admiralty action. This is a legal process that is used in maritime law.
Example: If a ship is involved in an accident and the owner cannot pay for the damages, a commission of appraisement and sale may be ordered by the court. The ship will be sold to pay for the damages.
Explanation: In this example, the commission of appraisement and sale is used to sell the ship to pay for the damages. This is a legal process that is used in maritime law to ensure that debts are paid and justice is served.
Ethics is knowing the difference between what you have a right to do and what is right to do.
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Simple Definition
Commission of Appraisement and Sale: This is a legal order that requires the sale of property in a maritime court case. It is used in situations where the court needs to sell a property to settle a dispute.
The young man knows the rules, but the old man knows the exceptions.
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