Simple English definitions for legal terms
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Term: Reus Stipulandi
Definition: Reus stipulandi is a Latin term used in Roman law to refer to the person who asks questions in a stipulation. A stipulation is a formal contract where a promisor becomes bound by oral question and answer. The questioner in this contract is called the stipulator or reus stipulandi. Stipulations are always evidenced in writing and are binding without consideration. In modern law, a stipulation is a material condition or requirement in an agreement, often appearing in a section of the contract called "Representations and Warranties."
Definition: Reus stipulandi is a Latin term used in Roman law that refers to the party who asks questions in a stipulation. A stipulation is a formal contract where a promisor becomes bound by oral question and answer. The questioner in this contract is called the reus stipulandi or stipulator.
Examples: An example of a stipulation in modern times is when two parties agree to a certain condition or requirement in a contract. For instance, a contract may stipulate that a certain amount of money must be paid by a specific date. Another example is when attorneys representing opposing parties in a legal proceeding enter into a stipulation on a relevant point. For example, the plaintiff and defendant may stipulate on the issue of liability.
Explanation: The examples illustrate how a stipulation is a material condition or requirement in an agreement. It is a voluntary agreement between opposing parties concerning some relevant point. In the case of a legal proceeding, a stipulation made by a party to the proceeding or the party's attorney is binding without consideration. The reus stipulandi or stipulator is the party who asks the questions in a stipulation, and the promisor or reus promittendi is the party who answers the questions and becomes bound by the contract.