A more thorough explanation:

IS QUI COGNOSCIT

Is qui cognoscit is a Latin term that means "he who recognizes". It refers to the cognizor in a fine, which is a legal agreement.

For example, if John sells his property to Jane, they may create a fine to make the transaction official. John would be the cognizor, or the person who recognizes the transaction, and Jane would be the cognizee, or the person who benefits from the transaction.

Another example would be in a court case where a witness is asked to identify the defendant. The witness would be the is qui cognoscit, or the person who recognizes the defendant.

The term is qui cognoscit is used in legal contexts to refer to the person who recognizes or acknowledges something. In a fine, the cognizor is the person who acknowledges the transaction, while the cognizee is the person who benefits from it. In a court case, the witness is the person who recognizes the defendant and can identify them. The term is important in legal proceedings to establish who has knowledge or recognition of a particular situation or transaction.