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Simple English definitions for legal terms

acceptor supra protest

Read a random definition: debitor non praesumitur donare

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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almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish
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9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
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WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
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