Simple English definitions for legal terms
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Term: LEX PRIVATA
Definition: Lex privata is a Latin term that means "private law" in English. It was used in Roman law to refer to a term in a private contract. It is sometimes shortened to just "lex".
Simply put, lex privata is a legal term that refers to the rules and regulations that are agreed upon in a private contract between two parties.
Definition: Lex privata is a Latin term that means "private law" in English. It was used in Roman law to refer to a term in a private contract.
Example: A contract between two parties may include a clause that states that any disputes will be resolved through arbitration rather than going to court. This clause would be considered a lex privata.
Explanation: The example illustrates how a lex privata is a term in a private contract. In this case, the clause about resolving disputes through arbitration is a private law that the parties have agreed to follow. It is not a law that applies to everyone, but only to those who have agreed to it in their contract.