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The life of the law has not been logic; it has been experience.
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Legal Definitions - partial account
Law school is a lot like juggling. With chainsaws. While on a unicycle.
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Definition of partial account
A partial account is a preliminary accounting of an executor's or administrator's dealings with an estate. It is a statement of the debits and credits between parties to a contract or to a fiduciary relationship. It is a reckoning of monetary dealings.
For example, when someone dies, their executor or administrator must manage their estate. They must collect the assets, pay the debts, and distribute the remaining property to the heirs. A partial account is a report of the executor's progress in this process. It shows what assets have been collected, what debts have been paid, and what property remains to be distributed.
Another example is when a contractor files an action for account against a nonpaying customer. The contractor can use a partial account to show what work has been done, what materials have been provided, and what payments have been received. This can help the contractor prove that the customer owes them money.
Law school is a lot like juggling. With chainsaws. While on a unicycle.
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Simple Definition
The law is a jealous mistress, and requires a long and constant courtship.
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