What does cap stand for in law?

The term “cap” is often used in connection with the enforcement of insurance contracts. When an insured party sues an insurer for money damages, the insurer often seeks to reduce its liability by asking the court to apply the “cap” on damages. The phrase “cap” is used because the maximum amount of money that the court can award in the case is capped. If there is no cap on damages, the court could potentially award the insured party an amount that vastly

What does CAP stand for in criminal sentence?

Another acronym that is commonly used in the legal field is CAP. This acronym stands for “capped at”. The capped at part of the criminal sentencing refers to the upper limit on the length of the prison term that can be legally imposed. There are several variables that determine that upper limit, including the crime the person is charged with, their criminal history, and other factors.

What does CAP stand for in French?

The term CAP is an acronym for Contribution aux Payssants, and refers to a tax on the capitalization of assets, such as real estate, that a person earns. It applies to anyone who earns an income from the use of their property, such as an apartment or a commercial building. The rate of the tax varies depending on the location of the property and the national or local tax laws in effect.

What does CAP stand for in military law?

The acronym “cap” refers to the annual cost of a service member’s basic allowance for housing (BAH). The BAH is a fixed amount of money that a service member receives each month to cover housing costs. The BAH is adjusted annually based on the Consumer Price Index.

What does CAP stand for in criminal law?

It refers to the limit an individual or business can owe in civil damages for a particular claim. In other words, it’s the maximum amount of money you can receive if you win a civil lawsuit. The amount a person or business can owe is usually dependent on the type of claim they are bringing.