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Simple English definitions for legal terms
praepositus negotiis societatis
Read a random definition: blanket agreement
A quick definition of praepositus negotiis societatis:
Term: praepositus negotiis societatis
Definition: In history, a person who was responsible for managing a partnership's business.
A more thorough explanation:
praepositus negotiis societatis
A praepositus negotiis societatis is a person who is responsible for managing the business of a partnership.
1. John was appointed as the praepositus negotiis societatis of the new partnership between his company and another firm. He was in charge of overseeing all the business operations of the partnership.
2. The praepositus negotiis societatis of the law firm was responsible for managing the finances, marketing, and client relations of the partnership.
These examples illustrate how a praepositus negotiis societatis is a person who is given the responsibility of managing the business affairs of a partnership. They are in charge of overseeing all the operations of the partnership, including finances, marketing, and client relations.