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Legal Term of the Day

Perjury: False testimony; the telling of an untruth when acting as a witness in a court proceeding; the making of a false statement in an affidavit; the willful swearing to a falsehood in a matter before a court. Perjury occurs when someone has taken an oath to tell the truth and then knowingly tells an untruth; lying under oath. Perjury is punishable by severe fines and/or imprisonment.

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Our Legal Term of the Day

Individual liability: The liability of a person, as distinguished from the obligations of a partnership, company, or corporation.

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