Loan Gratuitous - Law Dictionary Search Results
Loan, gratuitous
Matched in: Term Loan, gratuitous
Commodate
A gratuitous loan
commodatum
commodatum [Latin, loan, from neuter of commodatus, past participle of commodare to lend, bestow] : a gratuitous loan of movable property
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Precarium
the thing to use as long as the owner shall please. This was dis-tinguished from an ordinary gratuitous loan, and in the Roman Law gave rise to different obligations on the part of the borrower, See Storey
bailment
business entity taking possession is liable to some extent for loss or damage to the property compare deposit loan for consumption and loan for use at loan NOTE: The typical elements of a bailment are delivery of … property by accident or mistake (as by finding it or receiving a mistaken delivery) called also involuntary bailment gratuitous bailment : a bailment in which there is no compensation or benefit to one party ;esp : one
contract
which one states an inaccurately high price for the purpose of defrauding a lender into providing a larger loan executory contract : a contract that sets forth promises that are not yet performed express contract : a … of a commodity on a specified future date at a set price : future called also future contract gratuitous contract in the civil law of Louisiana : a contract in which one party promises to do something
deposit
is liable to some extent for loss or damage to the property see also sequestration compare bailment hiring loan for consumption and loan for use at loan NOTE: Like the common-law bailment, the civil law deposit requires … purchase price or may be considered partial payment. 3 in the civil law of Louisiana a : the gratuitous transfer of possession of movable property to another for a limited time or specified purpose such that the
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