What is an example of impute?

For example, you might impute your ability to sing well to the thousands of dollars your parents spent in voice lessons. In other words, you name the source. You can also impute a person, like imputing to a teacher your love of learning — he or she helped you become more interested in school and your classes.

What is the imputed knowledge rule?

Imputed knowledge means the knowledge attributed to a party because of his position, or his relationship with or responsibility for another party. Such knowledge is attributed for the reason that the facts in issue were open to discovery and it was that person’s duty to apprise him of such facts.

What is an example of imputed knowledge?

For example, if the stairway leading to a retail store is defective and a patron is injured on the stairway, the store owner cannot evade liability for the patron’s injury by denying knowledge of the defect.

What is imputed knowledge in real estate?

Imputed knowledge refers to what an agent should have known about a property or circumstance simply because the client and the agent are connected by their agency relationship.

What does impute mean in business?

Imputed values are a logical or implicit value for an item or time set, wherein a “true” value has yet to be ascertained. An imputed value would be the best guess estimate used to forecast a larger set of values or series of data points.

How do you use the word imputed?

Imputed sentence example

  1. By His virgin birth, He was not imputed with the sin which the rest of us were imputed .
  2. Because of that original sin by Adam we are all imputed with the guilt of sin, the wages of which is death.
  3. Independent personality is never imputed to it.

What is imputed negligence?

Imputed negligence means that under certain conditions, the negligence of one person can be attributed to another. Several examples can illustrate this principle. First, an employer–employee relationship may exist where the employee is acting on behalf of the employer.

What does to the best of my knowledge mean legally?

The term “to the best of my knowledge and belief” is used in affidavits and court documents to indicate that statements being made are not knowingly false.

What does vicarious liability mean in real estate?

Vicarious liability is a form of secondary liability that arises under the common law doctrine of ‘agency. ‘ In the real estate industry, vicarious liability is typically assigned to a firm or broker whose agent has been sued for misconduct.

What is apparent authority?

Apparent authority is the power of an agent to act on behalf of a principal, even though not expressly or impliedly granted. This power arises only if a third party reasonably infers, from the principal’s conduct, that the principal granted such power to the agent.

What does it mean when something is imputed?

Impute is a somewhat formal word that is used to suggest that someone or something has done or is guilty of something. It is similar in meaning to such words as ascribe and attribute, though it is more likely to suggest an association with something that brings discredit.

What does imputed mean in finance?

Imputed value, also known as estimated imputation, is an assumed value given to an item when the actual value is not known or available. Imputed values are a logical or implicit value for an item or time set, wherein a “true” value has yet to be ascertained.