11:57
I genuinely hate places that call because it turns things into a day-long stress instead of just being like oop I didn't get an email oh well
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Simple English definitions for legal terms
cognovit actionem
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A quick definition of cognovit actionem:
Term: COGNOVIT ACTIONEM
Definition: Cognovit actionem is a legal term that means "he has confessed the action." It refers to a written statement made by a defendant in which they acknowledge the plaintiff's claim and authorize the plaintiff to take a judgment for a specific amount of money. This statement is also known as a cognovit and allows the plaintiff to obtain a judgment without going through a trial.
A more thorough explanation:
Definition: Cognovit actionem is a Latin term used in law which means "he has confessed the action". It refers to a written admission by a defendant of the plaintiff's claim, allowing the plaintiff to obtain a judgment for a specific amount.
Example: John owes $10,000 to Jane. Instead of going to court, John signs a document admitting that he owes the money to Jane. This document is called a cognovit actionem. By signing it, John allows Jane to obtain a judgment against him for the $10,000 he owes.
Explanation: In this example, John has confessed to owing the money to Jane by signing the cognovit actionem. This admission allows Jane to obtain a judgment against John without having to go through a trial. The cognovit actionem is a legal tool that can save time and money for both parties involved in a dispute.