Simple English definitions for legal terms
Read a random definition: receiving state
Term: facio ut des
Definition: Facio ut des is a Latin phrase that means "I do so that you give." It is a type of contract where one person agrees to do something in exchange for compensation. This type of contract is called an innominate contract. The compensation given is called consideration.
Definition: Facio ut des is a type of contract where one person agrees to do something in exchange for payment or compensation. It is an innominate contract, meaning it does not have a specific name or category.
Examples: A person agrees to mow their neighbor's lawn every week for $50. This is a facio ut des contract because the person is doing something (mowing the lawn) in exchange for payment (the $50). Another example is a freelance writer agreeing to write articles for a website in exchange for a set fee per article.
Explanation: Facio ut des is a legal term that describes a type of contract where one party agrees to perform a service or task in exchange for payment or compensation. The examples illustrate this definition by showing how one person is doing something (mowing a lawn, writing articles) and receiving payment in return. This type of contract is important because it establishes an agreement between two parties and ensures that both parties receive what they expect from the transaction.