Latin Terms
Latin Terms
Latin Terms
LATIN TERMS
ab initio from the very beginning
accion pauliana right to rescind contracts entered into to
defraud the creditor
accion subrogatoria the right of the creditor to exercise all the
rights of his debtor to satisfy his claim, except
rights which are inherent and personal on the
part of the debtor.
agente del credere guaranty commission agent
alter ego another “I”
bona fide in good faith
caso fortuito fortuitous event
caveat emptor buyer beware
caveat venditor vendor is liable for hidden defects
cestui que trust beneficiary of a trust agreement
compensatio morae delay on the part of both parties
constitutum possessorium the seller will continue in possession even
after the sale
cuentas en participation joint account
Culpa negligence
culpa aquiliana tort or quasi-delict which is the wrong
committed against a person independent of
contract and without criminal intent. It is the
negligence as a source of an obligation
culpa criminal criminal negligence
culpa contractual the negligence in the performance of an
obligation arising from a contract
dacion en pago property is alienated to the creditor in
satisfaction of a debt in money
de facto in fact
de jure in law
delectus personam / personarum based on mutual trust and confidence
Delegacion when the creditor accepts a third person to
take the place of the debtor with the consent
of the debtor, the creditor and the third person
Dolo fraud
dolo causante casual fraud, fraud employed was the reason
why the deceived party enter into a contract.
committed before or at the time of perfection
of the contract.
dolo incidente incidental fraud, committed in the
performance of the obligation
du ut des I give that you may give – BARTER –
exchange
du ut facias I give that you may do
empio rei sperati/speratae Sale of future things
emptio spei Sale of hope or expectancy.
Expromission When a third person without the knowledge
or against the will of the original debtor
assumes the obligation with the consent of the
creditor.
facio ut des I do that you may give
facio ut facias I do that you may do.
fraud in factum/esse contractus exists in cases where a person, without
negligence, has signed a negotiable
instrument, but was deceived as to the
Republic of the Philippines
DON HONORIO VENTURA STATE UNIVERSITY
Mexico Extension Campus