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LSDefine

Simple English definitions for legal terms

mutuary

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A quick definition of mutuary:

Term: MUTUARY

Definition: A mutuary is someone who receives property through a mutuum, which is a type of loan where the borrower is obligated to repay the same amount of property or goods borrowed. It is important to note that a mutuary is not the same as a mutuant, who is the borrower in a mutuum.

A more thorough explanation:

Definition: A mutuary is a person who receives property in a mutuum. A mutuum is a type of loan where the borrower is obligated to return the same amount of property, not just the same value.

Example: John borrows 10 apples from Mary in a mutuum. Mary is the mutuant, and John is the mutuary. John is obligated to return 10 apples, not just 10 apples' worth of value.

The example illustrates the definition by showing how a mutuum works and who the mutuary is in the transaction.

mutuari | mutuatus

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every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
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i just wanna rock
glovediedthisishismom
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bodyadaya
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let it rock
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How are the vibes heading into thanksgiving yall?
HopefullyInLawSchool
14:17
@Law-Guy Im feeling kinda happy I applied YM to UCI hoping it helps (:
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Cornell
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@HopefullyinLawSchool What's YM?
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oh no
HopefullyInLawSchool
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you mom
WorthlessAttractiveZombie
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Ouch
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your*
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babycat
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another victim claimed
concorde
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pwned
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Might have to send in addendums for that
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@Dkk: And here I thought you were a prophet. Smh.
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@WorthlessAttractiveZombie: 4
WorthlessAttractiveZombie
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@EvolBunny: I will take the odds of 4, very promising
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I'm too drunk to taste this chicken
Dkk
14:38
Lol, I suck I guess. @babycat
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