18:13
Babycat are you drinking the chemical waters
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LSDefine
Simple English definitions for legal terms
redhibition
Read a random definition: financials
A quick definition of redhibition:
Redhibition: Redhibition is a legal term that means canceling a sale because the item sold has a defect that makes it useless or imperfect. This defect is so significant that the buyer would not have bought it if they knew about it beforehand.
Redhibitory: Redhibitory is an adjective that describes something that has a defect that makes it useless or imperfect, leading to the cancellation of the sale.
A more thorough explanation:
Definition: Redhibition is a legal term used in civil law. It refers to the cancellation of a sale due to a defect in the item sold. The defect must be significant enough that the buyer would not have purchased the item if they had known about it.
For example, if someone buys a car and later discovers that it has a major mechanical issue that was not disclosed at the time of sale, they may be able to seek redhibition and cancel the sale. Similarly, if someone buys a house and later discovers that it has a serious foundation problem, they may be able to seek redhibition and cancel the sale.
The concept of redhibition is designed to protect buyers from being stuck with defective or unusable items that they would not have purchased if they had known about the defect.