Definitionn. act of failing to meet a financial obligation
Last update: October 14, 2015
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A lease under the Settled Land Act 1882 must be by deed and must be made to take effect in possession not later than 12 months after its date; the best rent that can reasonably be obtained must be reserved and the lease must contain a covenant by the lessee for payment of the rent, and a condition of re-entry on nonpayment within a specified time not exceeding 30 days. [Please select]
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Hancock's sloop Liberty had been ordered seized for nonpayment of customs. [Please select]
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Fifteen million acres of land in Kentucky were offered for sale in 1800 for nonpayment of taxes. [Please select]
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She enumerated her losses through nonpayment of her rents; told us that she did not collect the amount of her taxes; showed us how our irregularities were driving a poor widow to ruin. [Please select]
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