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LSDefine

Simple English definitions for legal terms

accomenda

Read a random definition: deferred payment

A quick definition of accomenda:

Accomenda: A type of contract made between a cargo owner and a shipmaster in the past. The contract allowed the shipmaster to sell the cargo and share the profits with the owner after deducting the owner's costs. The contract had two parts: a mandatum, which gave the shipmaster the power to sell the cargo, and a partnership contract, which divided the profits between the parties.

A more thorough explanation:

Definition: Accomenda (ak-uh-men-duh) is a historical maritime law contract between a cargo owner and a shipmaster. The contract involves the sale of the cargo, and the parties agree to divide the profits after deducting the owner's costs. The contract consists of two agreements: a mandatum, where the owner gives the shipmaster the power to dispose of the cargo, and a partnership contract, where the parties divide any profits arising from the sale.

Example: A cargo owner and a shipmaster enter into an accomenda contract. The cargo owner gives the shipmaster the power to sell the cargo, and they agree to divide the profits after deducting the owner's costs. The shipmaster sells the cargo and earns a profit of $10,000. After deducting the owner's costs of $2,000, they divide the remaining profit of $8,000 equally.

The example illustrates how an accomenda contract works, where the cargo owner and the shipmaster agree to sell the cargo and divide the profits.

accola | accommodated party

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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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