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got a random stanford email and almost had a heart attack
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LSDefine
Simple English definitions for legal terms
ut res valeat potius quam pereat
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A quick definition of ut res valeat potius quam pereat:
Term: UT RES VALEAT POTIUS QUAM PEREAT
Definition: This is a Latin phrase that means "that the thing may avail rather than perish." It refers to the importance of making sure that a transaction or agreement is valid and enforceable, rather than being invalid and therefore useless. Essentially, it is better for something to be useful and effective than to be worthless and ineffective.
A more thorough explanation:
Definition: Ut res valeat potius quam pereat is a Latin phrase that means "that the thing may avail rather than perish" or "that the transaction may be valid rather than invalid."
Examples:
- When signing a contract, it is important to ensure that all the terms are clear and unambiguous so that ut res valeat potius quam pereat.
- In a court of law, the judge's decision is based on the principle of ut res valeat potius quam pereat, which means that the court will try to interpret the law in a way that upholds the validity of the transaction or agreement.
The examples illustrate the importance of ensuring that a transaction or agreement is valid and enforceable. The principle of ut res valeat potius quam pereat emphasizes the need to interpret the law in a way that upholds the validity of the transaction or agreement, rather than invalidating it. This is important because it ensures that parties to a transaction or agreement can rely on its validity and enforceability, which promotes trust and stability in commercial and legal relationships.