18:13
Original price was 460 they just ripped ya off
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LSDefine
Simple English definitions for legal terms
juristic act
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A quick definition of juristic act:
A juristic act is something that a person does on purpose, like signing a contract or giving someone a gift. It can also be something they don't do, like not paying a debt they owe. Juristic acts have legal consequences and can create, transfer, or end rights. They can be intentional or unintentional, involve one or more people, and be verbal or physical. Some examples of juristic acts include making a will, buying a house, or breaking a law.A more thorough explanation:
Definition: A juristic act is a voluntary action that creates, transfers, or extinguishes a legal right. It is an external manifestation of the actor's will and can be intentional or unintentional.
Examples:
- Signing a contract
- Transferring property ownership
- Writing a will
These examples illustrate how a person's voluntary action can have legal consequences. For instance, signing a contract is a juristic act that creates a legal obligation between the parties involved. Transferring property ownership is a juristic act that changes the legal rights of the parties involved. Writing a will is a juristic act that determines how a person's property will be distributed after their death.
Juristic acts are important in the legal system because they establish legal rights and obligations. They can be intentional or unintentional, but they must be voluntary actions that have legal consequences.