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Simple English definitions for legal terms

acceptor supra protest

Read a random definition: joint resolution of Congress

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.

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texaslawhopefully
15:38
UChicago is number one
^ period
u know it was a double thing. I missed II and my gf didn't want to live in the midwest anymore
15:39
But it’s fucking uchicago thooo LOL
15:39
I
15:40
Makes sense tho
cumsock
15:40
@choosingpeace: there’s plenty to do in Philly 😂 it’s a giant city
So after missing the II, I was like whatever. Maybe it's a sign to withdraw
nah making decisions off the gf is out of pocket
nahhhhh we been together since 10th grade
texaslawhopefully
15:40
I guess it depends what your goals are. If it's generic biglaw, CLS will get you the same outcome
6 yrs on January 30th
lilypadfrog
15:40
awwww <3 i love love
I also like CLS for liberal clerking. approx 41 FCOA clerks per yr
It's there if I excel. if not then I'm chill with sticking to BL
texaslawhopefully
15:41
CLS is not even close to Chicago for clerking lmao
choosingpeace
15:41
wait would yall pick CLS or penn?
I didn't apply to either but I would pick penn
15:42
penn bc im in state
no no it's not. But I wouldn't clerk conservative, so idk about Chi #s for myself
cumsock
15:42
Penn
texaslawhopefully
15:42
I guess that's fair. From what I've heard UChicago for conservatives is on par w/ HYS for clerkships
texaslawhopefully
15:42
not sure about for liberals
cumsock
15:43
They’re very similar tho
cumsock
15:43
Both t6 ivies
Is that NYU disrespect???? NYU out the t-6?
15:44
Penn because my college friends who mentored me go there
lilypadfrog
15:45
NYU is a t6 unless they don’t accept me and then idgaf what they’re ranked
texaslawhopefully
15:46
That's the best mentality
texaslawhopefully
15:46
If I get into UChicago it will be CYS
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