Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

confusion of debts

Read a random definition: capital account

A quick definition of confusion of debts:

Confusion of debts is when someone owes money to another person, but then they become the same person. This can happen when a debtor marries their creditor or when someone inherits a debt from their creditor. When this happens, the debt is cancelled because it doesn't make sense for someone to owe money to themselves. It's like if you borrowed money from your left hand and then your left hand became part of your right hand - you wouldn't owe yourself money anymore.

A more thorough explanation:

Confusion of debts occurs when the rights and duties of a creditor and debtor are blended in the same person, resulting in the extinction of obligations. This means that the creditor's right to collect the debt is no longer valid. This concept originated in Roman law and is also known as confusion or confusion of rights.

For example, if a person owes money to a company and then becomes a shareholder in that same company, the debt is considered to be confused or merged with the shareholder's rights. The shareholder cannot collect the debt owed to them because they are now part of the company that owes the debt.

Another example is when a debtor marries their creditor or becomes their heir. In this case, the debt is merged with the creditor's rights, and the creditor cannot collect the debt anymore.

confusion | confusion of goods

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
19:33
i was thinking for sure there would be some mass event/ happening today. to my surprise, all is calm
1a2b3c4d26z
19:33
Yes llama, nothing ever happens
19:34
wow lots of decisions today, i think today was the most per day yet.
Dkk
19:36
Stay off reddit. It will do this to your brain:
19:37
google contracted with reddit to train their ai how people talk. lol the 'ai future' is going to be full of search results FED REDDIT POSTS. unplug the internet now! https://www.reuters.com/technology/reddit-ai-content-licensing-deal-with-google-sources-say-2024-02-22/
Google AI is actually pretty cool though. Only when its actually accurate though.
19:40
by pretty cool, do you mean smug pseudo intelect?
Dkk
19:40
THE INTERNET WAS A MISTAKE. END IT NOW.
Dkk
19:40
Google AI kept telling me schools were not binding ED when they were. Really annoyed me.
Dkk
19:41
Yeah, when accurate it is nice.
this election has the potential to push america further into ultranationalist populism
Dkk
19:42
Maybe, didnt happen last time.
19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
LSD+ is ad-free, with DMs, discounts, case briefs & more.