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SOUNDNESS. In usual health; without any permanent disease. 1 Carr. & Marsh. 291. To create unsoundness, it is requisite that the animal should not be useful for the purpose for which he is bought, and that inability to be so useful should arise from disease or accident. 2 M. & Rob. 137; 9 M. & W. 670. 2 M. & Rob. 113.
     2. In the sale of slaves and animals they are sometimes warranted by the seller to be sound, and it becomes important to ascertain what is soundness. Roaring; (q.v.) a temporary lameness, which renders a horse less fit for service; 4 Campb. 271; sed vide 2 Esp. Cas. 573; a cough, unless proved to be of a temporary nature; 2 Chit. R. 245, 416; and a nerved horse, have been held to be unsound. But cribbiting is not a breach of a general warranty of soundness. Holt, Cas. 630.
     3. An action on the case is the proper remedy for a verbal warrant of soundness. 1 H. Bl. R. 17; 3 Esp. 82; 9 B. & Cr. 259; 2 Dow. & Ry. 10; 1 Bing. 344; 5 Dow. & R. 164; 1 Taunt. 566; 7 East, 274; Bac. Ab. Action on the Case, E.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
The Notices further alleged that Ulrich and Diehl McCarthy's misconduct resulted in a substantial monetary loss to the Bank and demonstrated personal dishonesty and a willful or continuing disregard for the safety or soundness of the Bank.
In Texas and Chicago, where Guaranty Bank and CORUS Bankshares, respectively, have been the subject of media scrutiny, CUs have been preparing for possible safety and soundness campaigns.
"What's needed," Brazeman agreed, "are rules that ensure the safety and soundness of banking but provide the lenders with the ability to make good loans and don't take the judgment out of the lenders' hand."
In addition, a report by respected analyst Karen Shaw Petrou and her firm, Federal Financial Analytics, recently uncovered several troubling findings about the industry, including problems with the NCUA's capital requirements and other safety and soundness rules.
Giving stallions a rating for soundness could have a positive effect on welfare in jump racing in future
The original Safety and Soundness Blueprint laid out the means and process by which to rebuild capital at Fannie and Freddie as shareholder-owned single-purpose insurers, refocused on their core conventional mortgage guarantee business, de-levered, and held to the highest regulatory and capital standards.
Hence, it should be reviewed by the people,' he said, adding that it is not a an issue on constitutionality but a question of the soundness of the argument of the Supreme Court.
In particular, the main features of the methodology of financial soundness indicators, its compliance with the Basel principles, accounting principles and international experience were discussed in details at the seminar.
The enhanced QC provides detailed information on performance and Financial Soundness of MFBs, in addition to coverage of Banking System, IBs and DFIs.
"At no time during this process did anyone from the OCC express any suggestion that the rule that was under development could threaten the safety and soundness of the banking system," Cordray wrote.