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Simple English definitions for legal terms

litteris obligatio

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A quick definition of litteris obligatio:

Term: LITTERIS OBLIGATIO

Definition: Litteris obligatio is a legal term from Roman law that refers to an obligation that arises from a written contract or entries in account books. A contract is an agreement between two or more parties that creates enforceable obligations. It can refer to the series of actions taken by the parties, the physical document that records the agreement, or the legal relations that result from the agreement. In simple terms, a contract is a promise that the law recognizes and can enforce.

A more thorough explanation:

Litteris obligatio (pronounced lit-uh-ris ob-li-gey-shee-oh) is a term from Roman law that refers to an obligation that arises from written entries in account books or literal contracts.

When two or more parties enter into an agreement that creates enforceable obligations, it is called a contract. A contract can be in the form of a written document or an oral agreement. In the case of litteris obligatio, the obligation arises from written entries in account books or literal contracts.

For example, if a person borrows money from a lender and signs a written agreement to repay the loan with interest, it is a literal contract. If the lender keeps a record of the loan and the repayments in an account book, it becomes a litteris obligatio.

Another example could be a business that keeps track of its transactions with customers in an account book. If a customer owes the business money for goods or services, it becomes a litteris obligatio.

In summary, litteris obligatio is an obligation that arises from written entries in account books or literal contracts.

littera | Little FTC Act

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Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
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