Also known as: bounties · reward · bounty land
Written by attorneys · grounded in primary & secondary sources — see below
2 senses
A premium or benefit offered to induce a person to take a specified action or perform a service. The offer may come from a government or private party and creates an incentive structure separate from ordinary contractual consideration.
A premium or benefit offered to induce a person to take a specified action or perform a service. The offer may come from a government or private party and creates an incentive structure separate from ordinary contractual consideration.
Select any source to read its text and confirm it supports the definition.
A gift or the generosity shown by a donor or testator in making a donative transfer. In the will context the phrase identifies the natural objects of the donor's affection and intended beneficiaries.
Select any source to read its text and confirm it supports the definition.
A gift or the generosity shown by a donor or testator in making a donative transfer. In the will context the phrase identifies the natural objects of the donor's affection and intended beneficiaries.
Each sense below has its own examples, sources, and questions.
A federal statute authorized payment of a fixed sum to any person who supplied information leading to the capture of a fugitive. The claimant argued the payment constituted a statutory bounty rather than ordinary compensation for services rendered.
A utility company offered customers a cash credit for reducing energy use during peak hours. The regulator treated the credit as a government-approved bounty that could be limited to protect ratepayers from excessive charges.
A taxpayer sued to enjoin a municipal program that paid private schools for certain services. The court analyzed whether the payments amounted to an unconstitutional bounty conferred on religion or a permissible neutral benefit.
No. Any proceeds or benefits obtained in a derivative action belong to the company. The plaintiff must remit them to the entity even if the payment is labeled as compensation for bringing the suit.
Supporting sources
A court may award reasonable expenses when the derivative action produces a substantial measurable benefit to the company, even if the case ends without a money judgment. The benefit need not be a cash recovery.
Supporting sources
Bharat Bhatia executed a will leaving his estate to a longtime neighbor rather than his adult children. The children challenged the will on capacity grounds. The court examined whether Bharat understood the natural objects of his bounty and could relate that understanding to the disposition he made.
Bianca Baker owned land in State B but lived in State A. A dispute arose over a restriction on charitable bequests. The court weighed each state's interest in applying its property rule by examining the purpose of the rule and the relation of each state to the land and the natural objects of Bianca's bounty.
Benito Benitez held a power of appointment and attempted to exercise it in favor of a close friend who did not meet the formal requirements. The court upheld the appointment under equitable principles because the friend qualified as a natural object of the donee's bounty.
The testator must know in a general way who the natural objects of his or her bounty are and be able to relate that knowledge to the disposition being made. This understanding forms part of the mental capacity required for a valid will or revocable donative transfer.
Supporting sources
…the guns, see Lima, Schools May Launch Weapons Hot Line, Los Angeles Times, Ventura Cty. East ed., Jan. 13, 1995, p. B1, col. 5; Reward for Tips on Guns in Tucson Schools, The Arizona Republic, Jan. 7, 1995, p. B2; programs to encourage the voluntary surrender of guns with some provision for amnesty, see Zaidan, Akron…