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Simple English definitions for legal terms
professio juris
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A quick definition of professio juris:
Term: PROFESSIO JURIS
Definition: When two people make an agreement, they can decide which laws will apply to their agreement. This is called "professio juris." It means that both people agree on which laws will be used to settle any disagreements that might come up.
A more thorough explanation:
PROFESSIO JURIS
Professio juris is a Latin term that means recognizing the right of a party to choose the law that will govern their contract.
For instance, if a company in the United States wants to enter into a contract with a company in Canada, they may agree to use the laws of the state of New York to govern the contract. This agreement is known as professio juris.
Another example is when a person from the United Kingdom wants to buy a property in Spain. They may agree to use the laws of the United Kingdom to govern the contract of sale. This agreement is also known as professio juris.
Professio juris allows parties to choose the law that will govern their contract. This is important because different countries have different laws, and it can be challenging to navigate the legal system of a foreign country. By agreeing to use the laws of their own country, parties can ensure that they understand the legal system and can protect their interests.