Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

sum certain

Read a random definition: frugi aut bonae famae

A quick definition of sum certain:

Sum certain: A sum certain is a clear and specific amount of money that is agreed upon in a contract. This amount can be for a purchase or a loan, and it is always very clear and easy to understand. It is different from a price that can change based on things like the stock market or interest rates. A sum certain is like a set price that everyone agrees on and there is no confusion about how much it is.

A more thorough explanation:

Definition: Sum certain is a specific amount of money that is agreed upon in a contract. This amount can be for a purchase or a loan. The key feature of a sum certain is that the amount is clearly defined and cannot be interpreted differently by either party. It is different from a price that is based on a changing value, such as the stock market or interest rates.

  • When buying a car, the sum certain would be the agreed-upon purchase price. For example, if the car costs $10,000, then that is the sum certain.
  • When taking out a loan, the sum certain would be the amount borrowed. For example, if someone borrows $5,000, then that is the sum certain.

These examples illustrate the definition of sum certain because in both cases, the amount of money is clearly defined and agreed upon by both parties. There is no room for interpretation or confusion about the amount of money involved.

suit | summary adjudication

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
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
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
LSD+ is ad-free, with DMs, discounts, case briefs & more.