Table of Contents
What does without recourse mean in court?
A phrase meaning that one party has no legal claim against another party. It is often used in two contexts: 1. In litigation, someone without recourse against another party cannot sue that party, or at least cannot obtain adequate relief even if a lawsuit moves forward.
What is a recourse in court?
A legal recourse is an action that can be taken by an individual or a corporation to attempt to remedy a legal difficulty. A lawsuit if the issue is a matter of civil law. Contracts that require mediation or arbitration before a dispute can go to court.
What does lack of recourse mean?
No recourse means that the person cannot obtain a judgment against, or reimbursement from, a defaulting or opposing party.
What does with or without recourse mean?
When it comes to sales, “with recourse” is a legal term that means with subsequent liability, and “without recourse” means without subsequent liability.
Is there a right of recourse to any other person?
There is a right of recourseagainst any other person liable under the Protocol, or under a contract, or under the law of the competent court. Though most victims remain silent, even those who turn to police find no recourse.
What is the legal definition of ” without recourse “?
Legal Definition of recourse. Note: Under Article 3 of the Uniform Commercial Code, the phrase without recourse on a negotiable instrument limits the liability of the endorser or drawer. If an endorsement states that it is made without recourse, the endorser is not liable to pay, subject to various conditions, if the instrument is dishonored.
When do you use the word recourse in a sentence?
Once the disease reaches this stage, euthanasia or mercy killing is the only recourse. Without free expression, rights may be trammelled with no recoursein the court of public opinion. If challenged, however, your only recourseis to fall back on the manufacturer’s guarantee.
What does it mean to have no recourse in bankruptcy?
The borrower or exporter assumes no liability in the event that the importer defaults or is forced into bankruptcy. The lender takes these risks directly and cannot seek payment or seize assets for any party not specified in the debt contract. Without recourse means without subsequent liability.