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Simple English definitions for legal terms

ubi aberat animus foenerandi

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A quick definition of ubi aberat animus foenerandi:

Term: UBI ABERAT ANIMUS FOENERANDI

Definition: Ubi aberat animus foenerandi is a Latin term that means "where the intention of taking of a usurious interest was wanting." This means that a lender cannot be held responsible for charging an excessive interest rate unless they had the intention of doing so. It is similar to the concept of hidden usury, where a lender disguises the true cost of borrowing.

A more thorough explanation:

Definition: Ubi aberat animus foenerandi is a Latin term that means "where the intention of taking of a usurious interest was wanting." In history, a lender was not responsible for usurious provisions in a contract unless the lender had the intention of exacting the money. This term is often used in legal contexts.

For example, if a lender lends money to a borrower with an interest rate that is higher than the legal limit, but the lender did not have the intention of taking advantage of the borrower, then the lender would not be liable for usury. However, if the lender had the intention of charging a usurious interest rate, then the lender would be held responsible for violating usury laws.

Another example could be a situation where a lender and borrower agree on an interest rate that is higher than the legal limit, but the lender did not have the intention of charging a usurious interest rate. In this case, the lender would not be held responsible for violating usury laws.

These examples illustrate how the concept of ubi aberat animus foenerandi is used to determine whether a lender is liable for usury. It emphasizes the importance of the lender's intention in determining whether a usurious interest rate was charged.

ubi | ubi defunctus habuit domicilium

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19:11
Nah, the fucked up thing about therapists is they try and make you think your parents are your enemy 99% of the time and really they should be telling you that your parents have almost no effect on the rest of your life. If they can get you to keep focusing on your parents they can keep making money.
19:12
Yeah, my life really does flow in about 5 years periods.
19:12
My crypto also flows in 5 day epochs too.
19:16
what do you do with your days as an unemployed crypto guy? do you play an instrument or something
19:47
please lawd
19:47
forgive me
19:47
its time to go back to tha old me
19:50
this is what i feel like when i get one single drill question right
19:50
when u get one wrong ;(
therapist slander detected
1a2b3c4d26z
20:37
Anyone got any polymarket locks
1a2b3c4d26z
20:37
Is anyone in here cool like fr cool
1a2b3c4d26z
20:37
Like watch college football cool
1a2b3c4d26z
20:37
Or like
1a2b3c4d26z
20:38
Frat
1a2b3c4d26z
20:39
Sorry guys I'm bored trying to get my Berkeley essay to 4 pages
20:40
no way they want four pages that’s crazy
20:41
bitches wanna be different sooo bad 😴
1a2b3c4d26z
20:42
Technically they want 3 to be completely fair to the powers that be, so I'm really trying to push out to 3
1a2b3c4d26z
20:42
But it's 1/2 inch margins
20:44
assuming it was 2 already, you’ve totally got 3 double spaced pages in you
20:45
should I watch the quirky umich dean videos? i feel like all of you have seen them except me but I can’t work up any enthusiasm for the idea
1a2b3c4d26z
20:54
I like Dean Z not sure why she gets slandered sometimes
1a2b3c4d26z
20:54
I would say yeah, they're helpful. But they can verge on unproductive and stress-inducing if you watch enough of them (especially the application read-through ones)
21:07
okay I’ll check them out
21:40
hey so where do i see my LSAC GPA bc i know they calculate it differently
21:40
sorry new to dis
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