14:58
unless ur innside and warm
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Simple English definitions for legal terms
jus offerendi
Read a random definition: privilege against self incrimina-tion
A quick definition of jus offerendi:
Term: Jus Offerendi
Definition: Jus offerendi is a legal term from Roman law that refers to the right of subrogation. This means that if someone owes money to a senior creditor, another person can take over that debt and become the new creditor by paying off the original creditor. This gives the new creditor the same rights and priority as the original creditor had. It is also known as jus offerendae pecuniae.
A more thorough explanation:
Definition: Jus offerendi is a Latin term used in Roman law that refers to the right of subrogation. This means that a junior creditor has the right to take over the senior creditor's lien and priority upon tendering the amount due to that creditor. It is also known as jus offerendae pecuniae.
Example: Let's say that John owes money to two creditors, Mary and Tom. Mary is the senior creditor, and Tom is the junior creditor. If John pays the amount due to Mary, Tom has the right of jus offerendi, which means that he can take over Mary's lien and priority. This means that Tom will become the senior creditor, and John will owe him the remaining amount.
This example illustrates how jus offerendi works in practice. It ensures that the junior creditor has a way to protect their interests and take over the senior creditor's position if they pay off the debt.