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LSDefine

Simple English definitions for legal terms

substitute obligation

Read a random definition: doctrine of practical location

A quick definition of substitute obligation:

A substitute obligation is when someone has a duty to do something, but then that duty is replaced by a new duty. This can happen when two parties agree to change the terms of their original agreement. For example, if someone owes money to another person, they might agree to pay it back in smaller installments instead of all at once. The new obligation to pay in installments would be a substitute obligation for the original obligation to pay the full amount at once.

A more thorough explanation:

Definition: A substitute obligation is a legal duty that replaces an extinguished obligation through novation. Novation is a process where a new obligation replaces an old one, and the parties involved agree to the change.

Example: A borrower owes a lender $10,000. The borrower and lender agree to replace the old obligation with a new one, where the borrower owes $8,000 instead. The new obligation is a substitute obligation that replaces the old one.

This example illustrates how a substitute obligation can replace an old obligation through novation. The borrower and lender agreed to the change, and the new obligation takes the place of the old one.

substitute information in lieu of indictment | substitute specification

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18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
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