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the law of the place The law of the country, state, or locality where the matter under litigation took place. Usually used in contract law, to determine which laws govern the contract. / ˈ l ɛ k s ˈ l oʊ s aɪ / lex scripta: written law Law that specifically codifies something, as opposed to common law or customary law. liberum veto: free veto
A says to B, "buy my script." B says "How about this – I will pay you $5,000 so that you do not let anyone else produce your movie until one year from now. If I do produce your movie in that year, then I will give you another $50,000, and no one else can produce it. If I do not produce your movie in that year, then you're free to go."
free sea: In law, a sea open to international shipping navigation. mare nostrum: our sea: A nickname given to the Mediterranean during the height of the Roman Empire, as it encompassed the entire coastal basin. Mater Dei: Mother of God: A name given to describe Mary, who gave birth to Jesus, who is also called the Son of God. mater familias
at the place: Used to suggest looking for information about a term in the corresponding place in a cited work of reference. ad lucem: to the light: frequently used motto for educational institutions ad maiorem Dei gloriam (AMDG) For the greater glory of God: motto of the Society of Jesus (Jesuits) ad meliora: towards better things
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However, it is important to note that expectation damages are not punitive; its theoretical purpose is to place the injured, non-breaching party in the same position that they would have occupied had there been full performance of the contract. [10] In other words, it is the amount that makes the injured party indifferent to the breach. Examples:
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The modern trend in the U.S. is that the implied warranty of fitness for a particular purpose applies in the real-estate context to only the sale of new residential housing by a builder-seller and that the caveat emptor rule applies to all other real-estate sale situations (e.g. homeowner to buyer). [3]