Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

emtio

Read a random definition: competent

A quick definition of emtio:

EMTIO: A Latin word that means "purchase" or "buying". In Roman and civil law, it refers to the act of buying something or making a purchase. It can also refer to a type of forced sale of an insolvent debtor's estate, where the purchaser takes over all the debtor's property, rights, and claims, and becomes responsible for their debts and liabilities. Another term related to emtio is emptio et venditio, which means "purchase and sale" and is a contract of sale where both the buyer and seller have duties and rights in the transaction.

A more thorough explanation:

Definition: Emtio is a Latin term that means "purchase" in Roman and civil law. It refers to the act of buying or a purchase.

For example, if you buy a car, you are making an emtio or purchase of that car.

Emtio can also refer to specific types of purchases, such as:

  • Emptio bonorum: A forced assignment for the benefit of creditors, where an insolvent debtor's estate is sold publicly, and the purchaser takes over all the debtor's property, rights, and claims, as well as their debts and liabilities.
  • Emptio et venditio: A contract of sale where both the buyer and seller have duties and rights in the transaction. In Roman law, agreement on the thing to be sold and its price were essential.
  • Emptio rei facta a pluribus ementibus: A purchase made by many buyers, which does not automatically create a partnership among the purchasers.
  • Emptio rei speratae: The purchase of a thing not yet in existence or not yet in the seller's possession, such as a future crop.
  • Emptio spei: An emptio rei speratae in which the price is fixed, regardless of actual gain.

For example, if a farmer sells their future crop to a buyer, it would be an emptio rei speratae. If the buyer agrees to pay a fixed price for the crop, regardless of the actual yield, it would be an emptio spei.

empty-chair doctrine | emtor

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
im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
LSD+ is ad-free, with DMs, discounts, case briefs & more.