Latin Legal Terms

Contracto

Contracto – this Latin term details the agreement; the contract concluded by two parties. It origin presumably is the word “contraho”, which means to draw together; to collect; to assemble. In the legal practice, the word relates with the phrase “dolus dans locum contracui”, which means a fraud on the base of a contract. In terms of Law of agreements, it details a fraudulent activity with the intention to mislead the other party to enter into harmful or dodgy deal – which in the usual scenario the misled party would never conclude. The right party may claim for termination of the contract and to seek damages.

The word participates also in the legal maxim “exceptio non adimpleti contractus”, which has got application within the sphere of Law of Contracts. There it establishes the legal right of the party which performed properly their obligations, only to sue the other party. In simple words, if you have not performed your own obligations per a contract, you should not be entitled to sue the other party for their own non-performance.

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