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Simple English definitions for legal terms

do ut facias

Read a random definition: individual retirement account (IRA)

A quick definition of do ut facias:

Do ut facias is a Latin term that means "I give that you may do." It refers to a type of contract in Roman law where one person gives something to another person who is supposed to do certain work. A contract is an agreement between two or more parties that creates obligations that can be enforced by law. It can be a written document or just a verbal agreement. A contract involves promises that must be kept, and if they are not, there are consequences. Sometimes people use the word "contract" to refer to the written document, but it really means the agreement between the parties.

A more thorough explanation:

Definition: Do ut facias is a type of contract in Roman law where one person gives something to another person in exchange for them doing certain work. A contract is an agreement between two or more parties that creates enforceable obligations. It can refer to the series of actions taken by the parties, the written document that records the agreement, or the legal relations resulting from the agreement. Example: John agrees to pay Jane $100 to clean his house. This is a do ut facias contract because John is giving Jane money in exchange for her doing the work of cleaning his house. If Jane does not clean the house, John can take legal action to enforce the contract and get his money back.

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