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Simple English definitions for legal terms

acceptor supra protest

Read a random definition: infra aetatem

A quick definition of acceptor supra protest:

Acceptor Supra Protest: An acceptor supra protest is someone who agrees to pay a bill that has been protested, in order to honor the person who originally wrote the bill or endorsed it. This means that even though the bill was not paid by the original party, the acceptor supra protest steps in to make sure that the payment is made.

A more thorough explanation:

Definition: An acceptor supra protest is a person who accepts a bill of exchange that has been protested, for the honor of the drawer or an indorser.

Example: Let's say that John owes $100 to Jane, and he writes a bill of exchange for that amount. Jane takes the bill to the bank to cash it, but the bank refuses to pay because John doesn't have enough funds in his account. The bill is then protested, which means that a formal notice of non-payment is sent to John. However, John's friend, Tom, wants to help him out and maintain his reputation. Tom can become an acceptor supra protest by accepting the bill and paying the $100 to Jane, even though he is not obligated to do so.

Explanation: In this example, Tom is the acceptor supra protest because he accepts the bill after it has been protested, for the honor of John (the drawer) or Jane (the indorser). By doing so, Tom is showing that he trusts John and wants to help him avoid any negative consequences of not paying the bill. This is a common practice in the business world, where reputation and trust are highly valued.

acceptor | accept service

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General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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