In rem jurisdiction is a legal term describing the power a court may exercise over property or a "status" against a person over whom the court does not have in personam jurisdiction
What Cannot be done directly Cannot be done indirectly
The term "caveat emptor" is used in a real property transaction as it relates to the sale of real estate property after the day of closing; it also applies to the transaction of other goods such as a car.
The doctrine of substance over form is the accounting principle in order to ensure transparency in a financial transaction.
