Define: Sight

Sight
Sight
Quick Summary of Sight

When an individual agrees to pay a bill or a check after viewing it, it is referred to as “payable after sight.” This indicates their acceptance of the payment and their intention to pay it at a later time.

Full Definition Of Sight

Sight refers to the acceptance of a draft by the drawee, with payment being due after acceptance. When a draft is labeled “after sight,” it means that the payment is required once the drawee accepts the draft. For example, if Company A issues a draft to Company B for $1000 payable after sight, Company B must accept the draft before the payment is due. This demonstrates how sight operates in a business transaction, ensuring that the drawee (Company B) has agreed to pay the specified amount before the payment is made by Company A.

Sight FAQ'S

– In some cases, you can be held liable for something you didn’t witness if you had a legal duty to prevent it or if you were in a position of authority.

– Yes, you can sue for emotional distress if you witness a traumatic event, but you will need to prove that you suffered severe emotional distress as a result.

– In some jurisdictions, there are laws that require individuals to report certain crimes if they witness them. Failing to report a crime in these cases could result in legal consequences.

– Yes, video footage can be used as evidence if you witnessed a crime, but it must be authenticated and meet the legal requirements for admissibility.

– In some cases, you can be subpoenaed and forced to testify if you witnessed a crime. However, there are certain legal protections in place, such as the right to refuse to testify if it may incriminate you.

– You can be sued for defamation if your report on someone’s illegal activities is false and damages their reputation. However, if your report is true, you are protected by the truth defence.

– In some cases, you may be able to seek compensation for witnessing a traumatic event, especially if it resulted in emotional distress or other damages.

– You can be held responsible for injuries if someone gets hurt on your property, regardless of whether you witnessed it or not. Property owners have a legal duty to maintain a safe environment for visitors.

– In some cases, there are laws that require individuals to intervene or report certain crimes if they witness them. Failing to do so could result in legal consequences.

– You can be sued for invasion of privacy if your report on someone’s private activities violates their reasonable expectation of privacy. However, if the activities are of public concern, you may be protected by the newsworthiness defence.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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