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Simple English definitions for legal terms

beneficium divisionis

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A quick definition of beneficium divisionis:

Beneficium Divisionis: A legal term that refers to a surety's right to only be held responsible for a portion of a debt that is proportional to the number of solvent cosureties. This means that if there are multiple people responsible for a debt, the surety will only be responsible for their fair share. It is also known as the benefit of division in common law, and is recognized in civil law, French law, and Scots law.

A more thorough explanation:

Beneficium divisionis is a legal term that refers to a surety's right to be sued only for a part of the debt that is proportional to the number of solvent cosureties. In other words, if there are multiple sureties for a debt, each surety is only responsible for a portion of the debt that is equal to their share of the responsibility.

For example, if there are three sureties for a debt and one of them becomes insolvent, the remaining two sureties would only be responsible for two-thirds of the debt, rather than the full amount.

This concept is important in civil law, particularly in cases involving principal and surety. It is also known as beneficium divisionis in Roman law, bénéfice de division in French law, and right of division in Scots law.

beneficium competentiae | beneficium inventarii

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Trismegistus
12:59
hey tex me too lmfao
choosingpeace
12:59
@texaslawhopefully: me too yayyy
lilypadfrog
12:59
we did it reddit
13:00
@atwatodbit: haha ty wishing you the best as well
cumsock
13:00
careful! i graduated from reddit university
13:00
@texaslawhopefully: another day another missed wave??
lilypadfrog
13:01
what if I started using redditisms
lilypadfrog
13:01
thank you kind stranger for the gold
Trismegistus
13:01
do all my hopes and dreams and sanity rest on chicago now
texaslawhopefully
13:01
@sadpadresfan: prolly. My only hope is my last name is towards the end of the alphabet
lilypadfrog
13:01
i hope u guys would put me down like a dog that bit a baby
Trismegistus
13:02
@texaslawhopefully: i saw 3/4 down alphabet then 30- mins later 1/2 down alphabet
texaslawhopefully
13:02
so they're still calling?
Trismegistus
13:03
that i dont know
KeenHeartbreakingRattlesnake
13:03
the Penn e wave is about to cook me
atwatodbit
13:03
@sadpadresfan: did you get your Cornell scholly with your A at the same time? I think they gave me nothing...
lilypadfrog
13:04
tex also got cornell scholly ask him
texaslawhopefully
13:04
there's a form you fill out
texaslawhopefully
13:04
and they'll get back to you within a few days
13:04
@atwatodbit: they emailed me a day after submitting the form
atwatodbit
13:05
ah ok, i've seen that, just need to get parental info then. just making sure
13:05
Feeling fortunate and its my top choice as of now haha
lilypadfrog
13:06
what if you fill this out and you haven’t been admitted? just a next level move? they probably have to let you in then
PerpetualCheerfulBeaver
13:06
I applied to all my places in late september and am still waiting to hear back. ive missed all three types of waves (WL,R,A) am i screwed??
texaslawhopefully
13:07
Your guess is as good as mine. I'm in the same boat for most schools
Trismegistus
13:07
begging chicago for an A
atwatodbit
13:08
the vast majority of the t14 has not hit 50% of their As, many have not even hit 25%. zero reason for panic
PerpetualCheerfulBeaver
13:08
Thank you texas!
choosingpeace
13:08
missing CLS and Penn waves im so screwed
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