Also known as: pays · paid · paying · payment · wage · compensation
Written by attorneys · grounded in primary & secondary sources — see below
The transfer of money or other value to discharge an obligation. The act satisfies a debt, fulfills a contractual duty, or meets a statutory requirement when performed in the manner and at the time specified by the governing instrument or rule.
Portia Price contracted to buy land from Pablo Perez. Before closing a fire destroyed the house. Under equitable conversion the risk passed to Price at contract formation so she remained obligated to pay the full purchase price despite the destruction.
Congress enacted a uniform excise on imported goods. The statute directed that the collected revenue be used to pay the national debt and fund defense. The power to lay and collect the tax therefore directly enabled payment of those obligations.
After an accident Peter Park offered to pay Penelope Price's hospital expenses. At trial Price sought to introduce the offer as evidence of liability. The court excluded it because an offer to pay medical expenses is inadmissible to prove fault.
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Judge Parker Phillips paid an attorney to draft estate documents for his adult child. The payment was made without compensation to the judge and outside any court proceeding. The conduct complied with the prohibition on practicing law while permitting compensated family assistance.
Paula Pierce paid Pinnacle Holdings a $10,000 retainer for upcoming litigation. The firm deposited the entire sum into its client trust account. The lawyer could withdraw funds only as fees were earned or expenses incurred.
Peak Performance leased space to Platinum Partners. When the tenant missed the monthly rent payment the landlord treated the omission as a breach of the tenant's obligation. The lease therefore permitted the landlord to pursue remedies including eviction.
Under equitable conversion a binding land-sale contract shifts the risk of loss to the buyer at formation in most jurisdictions. The buyer therefore remains obligated to pay the purchase price even if the property is destroyed before closing.
Evidence of furnishing or offering to pay medical expenses is inadmissible to prove liability for the injury. The rule excludes the offer regardless of whether it was accepted.
A lawyer must deposit legal fees and expenses paid in advance into a client trust account. The lawyer may withdraw the funds only as fees are earned or expenses are incurred.
Failure to pay the rent reserved in the lease on or before the due date constitutes a breach of the tenant's obligation unless the tenant is legally excused. The landlord may then pursue remedies provided by the lease or law.
…procures an abortion other than authorized by this Act is guilty of a [felony] and, upon conviction thereof, may be sentenced to pay a fine not exceeding [$1,000] or to imprisonment [in the state penitentiary] not exceeding [5 years], or both. "SECTION 3. [ Uniformity of Interpretation. ] This Act shall be construed to…