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Simple English definitions for legal terms

damnum et interesse

Read a random definition: mandatory commitment

A quick definition of damnum et interesse:

Term: DAMNUM ET INTERESSE

Definition: Damnum et interesse is a Latin term used in Scots law to refer to the loss and damage sustained. It means the actual and consequential damage suffered through non-performance on the part of the debtor. For example, if someone becomes a guarantor for a specific act and the act is not performed, the guarantor is liable to the creditors for the loss and interest or damage and its issues or consequences.

A more thorough explanation:

Definition: Damnum et interesse (dam-nəm et in-tər-es-ee) is a Latin term used in Scots law to refer to the loss and damage sustained. It can also be translated as damage and its issues or consequences.

Example: If a person becomes a cautioner and guarantees that a specific act will be performed, but the act is not performed, the cautioner is liable to the creditors for the damnum et interesse. This means that the cautioner is responsible for the actual and consequential damage suffered by the creditors due to the non-performance of the act by the debtor.

This example illustrates how the term damnum et interesse is used in Scots law to refer to the loss and damage suffered by a party due to the non-performance of an obligation by another party.

damnum emergens | damnum facientes

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15:53
matter fact lets kill all applicant below hmm say 165. just gather them up and kill the,m all
fr and if you dont get into a t5 you should disown yourself to save your parents the trouble
[] baddestbunny
15:53
below 181
15:54
your going to law school and NOT going to hys lmaoooooo see you under a bridge one day buddy
imagine going to the worst ivy
did your contacts class teach you any bridge troll riddles?
JumpySubsequentDolphin
15:54
I’m pretty sure i know a few people that would unironically agree
no but i can tell you about independent and dependent conditions
15:55
under the bridge there be trolls
this guy at my school couldnt break into 160s after two months of studying so he decided to got to the police academy instead
[] baddestbunny
15:55
imagining a type of guy who thinks there's a really prestigious law school called Hys
15:55
Dk
go kys not hys
15:56
retweet
i'm stealing that that's so funny
15:56
not hys? kys!
15:56
need a colloquial abbreviation for the rest of the t14
[] baddestbunny
15:57
super excited to announce that I've finally committed to kys
hahahaha
[] baddestbunny
15:57
waspy I'm dying over here
[] baddestbunny
15:57
they got me on the phones
15:58
put yo pussy on tha phone
you became a slave so others could live free
15:58
im tryna hear sumn
not so limp anymore are we
[] baddestbunny
15:58
nah they got all my friends on the phones too
[] baddestbunny
15:59
nobody important is free
[] baddestbunny
15:59
in 1 minute I'll be on my twelfth hour of work today
Dkk
16:00
I will apply to Yale if it helps the cause.
damn that is a lot of hours
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