Simplex Obligatio - Law Dictionary Search Results
Simplex obligatio
Matched in: Term Simplex obligatio
Simpliciter
Simplex obligatio. See SINGLE BOND.
Single bond
Single bond [simplex obligatio, Lat.], a bond merely for the payment of money, or for the performance of some particular act, without
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Bond
is called the obligor, and he to whom it is given the obligee. A bond is called single (simplex obligatio) when it is without a penalty, but there is generally a condition added, that, if the obligor does
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