21:15
Feel like I can finally stop holding my breath!! Whew!!!
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LSDefine
Simple English definitions for legal terms
locatio
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A quick definition of locatio:
Locatio is a type of contract where one person agrees to let another person use something or provide a service in exchange for payment. It can include things like renting a house or hiring someone to do a job. In Roman law, it covered a wide range of situations and was called locatio conductio. There are different types of locatio, such as locatio operis where someone hires a contractor to do a job, and locatio rei where someone hires something for temporary use.A more thorough explanation:
Term: LocatioDefinition: Locatio is a type of contract where one person agrees to give another person the use of something or their labor or services in exchange for payment. This type of contract benefits both parties. It is also known as a lease or hiring. For example, if someone rents a car, they are entering into a locatio contract with the car rental company. The person is paying for the use of the car, and the car rental company is receiving payment for allowing the person to use their car. In Roman law, locatio covered a broad range of circumstances in return for rent or payment.