16:43
above their median for everything chat i'm ending it
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Simple English definitions for legal terms
ex empto
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A quick definition of ex empto:
Term: ex empto
Definition: Ex empto is a Latin term used in Roman and civil law. It means something that is founded on purchase or acquired through a purchase. In simpler terms, it refers to something that has been bought.
A more thorough explanation:
Term: ex emptoDefinition: Ex empto is a legal term that means something is based on a purchase. It comes from ancient Roman and civil law.
Examples: A warranty on a car is ex empto because it is based on the purchase of the car. Similarly, a contract for the sale of a house is ex empto because it is founded on the purchase of the property.
Explanation: Ex empto means that something is based on a purchase. The examples illustrate this because both the warranty on a car and the contract for the sale of a house are dependent on the purchase of the car or property. Without the purchase, these legal agreements would not exist.