NON-RECURRING INCOME

One time sales of assets, or insurance settlements that are unique in nature and unlikely to occur again during the normal course of operation for a business.

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NON-SUMMONS,WAGER OF LAW

OF. The mode in which a tenant or defendant in a real action pleaded, when the summons which followed the original was not served within the proper time. Non temere credere est nervus sapiential 5 Coke, 114. Not t’o believe rashly is the nerve of wisdom.

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NON-TAX LEASE

A sales contract that is conditional, wherein the transfer of an asset is considered to be a loan, with the owner acting as the lenderand the tenant acting as the borrower. Thus, the owner is only eligible to claim the interest portion of the lease payment for expenses.

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NON-REFUNDABLE TICKET

A ticket that prohibits monetary compensation when returned, but can be refunded for a fee.

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NON-TENURE

A plea in a real action, by which the defendant asserts, either as to the whole or as to some part of the land mentioned in the plaintiff’s declaration, that he does not hold it Pub. St. Mass. 1SS2, p. 1293.

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NON-RENEWABLE RESOURCE

Natural resources such as gas, coal, etc that can be consumed only once and hence are irreplaceable. Currently, most of the energy resources that we use are non-renewable. The renewable resources are in the initial stages of development.

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NON-TERM

The vacation between two terms of a court.

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NON-REPUDIATION

1. General: The intention to be liable to one’s obligation according to a contract and expect the the obligee to honor the contract with performance deliverence. 2. Electronic Commerce: Be liable to the submission or receipt of an electronic message. It protects the sender from falsifying testaments from the receiver with regards to the receipt of the electronic message or vice versa. Non repudiation is usually set by a data transfer protocol and as such involves several security and legal criteria.

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NON-RESIDENCE

the writ by reason of any liberty, because there are many liberties or districts in which the sheriff has no power to execute process unless he has special authority. 2 Steph. Comm. 630. Non omne damnnm inducit injnriam. It is not every loss that produces an injury. Bract, fol. 45b. Non omnc qnod licet honestum est. It is not everything which is permitted that is honorable. Dig. 50, 17, 144; Howell v. Baker, 4 Johns. Ch. (N. Y.) 121. Non omninm quae a majoribus nostris constituta sunt ratio reddi potest. There cannot be given a reason for all the things which have been established by our ancestors. Branch, Princ.; 4 Coke, 78; Broom, Max. 157.

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