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LSDefine

Simple English definitions for legal terms

law of obligations

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A quick definition of law of obligations:

The law of obligations is a type of law that deals with the rights and responsibilities between two people. It focuses on the relationship between the person who owes something (the obligor) and the person who is owed something (the obligee). This type of law is one of three main categories in civil law, and it is different from the laws that deal with property or personal status.

A more thorough explanation:

Definition: The law of obligations is a category of law that deals with the rights and responsibilities between two parties, known as the obligor and obligee. This type of law focuses on proprietary rights in personam, which means that it deals with the relations between the two parties involved.

For example, if you borrow money from a bank, you become the obligor and the bank becomes the obligee. The law of obligations would govern the terms of the loan agreement, including the amount borrowed, the interest rate, and the repayment schedule. If you fail to repay the loan, the bank may take legal action against you to recover the money owed.

Another example of the law of obligations is a contract between two parties. When two parties enter into a contract, they both have certain obligations to fulfill. If one party fails to fulfill their obligations, the other party may take legal action to enforce the terms of the contract.

Overall, the law of obligations is an important area of law that helps to ensure that individuals and businesses fulfill their legal responsibilities to one another.

law of nature and nations | law of persons

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22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
9:42
My name is renard99 and I just sent @babycat feet pics
glovediedthisishismom
9:42
nobody is at the office today they should let little glovey go home and watch harry potter
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