20:38
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LSDefine
Simple English definitions for legal terms
material issue
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A quick definition of material issue:
Material Issue: A point that needs to be resolved in order to settle a disagreement. For example, in a court case, a material issue is a fact that is disputed by both parties and needs to be proven. If there is a material issue of disputed fact, a summary judgment cannot be made. This term can also refer to the first delivery of a negotiable instrument or the distribution of securities by a corporation.
A more thorough explanation:
Definition: A point in dispute between two or more parties that must be decided in order to resolve a controversy.
Example: In a court case, a material issue could be whether or not the defendant was present at the scene of the crime. This is a crucial point that must be determined in order to decide the outcome of the case.
This term is important in legal proceedings because it helps to identify the key points that need to be addressed in order to reach a resolution. Without identifying material issues, it would be difficult to determine what evidence needs to be presented and what arguments need to be made in order to support a particular position.