CORDILLERA CAREER DEVELOPMENT COLLEGE

COLLEGE OF BUSINESS EDUCATION AND ACCOUTANCY

BUYAGAN, POBLACION, LA TRINIDAD, BENGUET

BUSINESS LAW

LATIN TERMS

I. LATIN TERMS
ab nitio
accion pauliana
Accion subrogatoria
Agente del credere
Alter ego
Bona fide
Caso furtuito
Caveat emptor
Caveat venditor
Cestui que trust
Compensatio morae
Constitutum possessorium
Cuentas en participacion
Culpa
Culpa aquiliana
Culpa criminal
Culpa contractual
Dacion en pago
De facto
De jure
Delectus
personam/personarum
Delegacion
Dolo
Dolo causante
Dolo incidente
Du ut des
Du ut facias
Emptio rei sperati/speratae
Emptio spei
Exprommision
Facio ut des
Facio ut facias
Fraud
in
factum/esse
contractus
Genus nunquam peruit
In pari delicto
In transit
In solidum
Intra vires
Mancomunada;
mancomunadamente
Mora
Mora accipiende
Mora solvendi
Mutuum
Negotiorum gestio
Emo dat qui non habet
Pacto de retro sale
Pactum commissorium
Pactum reservati dominii
Per diem
Per se
Pro rata
Pro tanto
Quasi
Quantum meruit
Quantum valebant
Quorum
Res perit domino

From the very beginning

right to rescind contracts entered to defraud the creditor
The right of the creditor to exercise all the rights of his debtor to satisfy his claim, except
rights which are inherent and personal on the part of the debtor.
Quaranty commission agent
Another I
In good faith
Fortuitous event
Buyer beware
Vendor is liable for hidden defects
Beneficiary of a trust agreement
Delay on the part of both parties
The seller will continue in possession even after the sale
Joint account
Negligence
Tort of quasi-delict, which is the wrong committed against a person independent of
contract and without criminal intent. It is the negligence as a source of a obligation
Criminal negligence
The negligence in the performance of an obligation arising from a contract
Property is alienated to the creditor in satisfaction of a debt in money
In fact
In law
Based on mutual trust and confidence
When the creditor accepts a third person to take the place of the debtor with the consent
of the debtor , the creditor and the third person.
Fraud
Causal fraud, fraud employed wa the reason why the deceived party entered into the
contract. Committed before of at the time of perfection of the contract.
Incident fraud, committed in the performance of the obligation
I give that you may give-BARTER
I give that you may do
Sale of future things
Sale of hope or expectancy
When a third person without the knowledge or against the will of the original debtor
assumes the obligation with the consent of the creditor
I do that you may give
I do that you may do
Exists in cases where a person, without negligence,m has signed a negotiable instrument,
but was deceived as to the character of the instrument and without knowledge of it.
Generic thing never perishes
Both parties are in bad faith
In transit
Solidarily liable
Within the powers
Joint obligation
Delay
Delay on the part of the creditor
Delay o the part of the debtor
Simple loan of money or consumable goods
Voluntary management if the property or affairs of another without knowledge or consent
of the latter
You cannot give what you d not have
Contract of sale whereby the right of the seller to repurchase the thing sold is reserved
Stipulation in a contract of pledgeg or a mortgaged shall become the property of the
creditor in the event that the debt is not paid on maturity
Reservation of ownership by the seller conditioned upon the payment of the buyer of the
purchase price
Per day
By itself
For the rate/ proportionately
For so much
As if
As much as he deserves
As much as what is reasonably worth
Of whom
The thing perishes with its owner/ the owner bears the risk of loss

Respondeat superior
Sans recourse
Solution indebiti
Stipulation pour autrui
Tradition brevi manu
Tradition longa manu
Tradition simbolica
Ultra vires
Vinculum juris
Waiver conciente
Waiver intencionada

Negligence of the servant is the negligence of the master

Without recourse
Juridical relation which is created when something is received when there is no right to
demand it and it was unduly delivered through mistake.
Stipulation in favor of a third person
Buyer is already in possession prior to the sale
Delivery of thing by mere pointing at the object
Delivery through the use of token or symbol to represent the thing delivered
Beyond powers
Juridical tie
Waiver without assumption of the risk of eviction
Waiver with knowledge of the risks of eviction coupled with an assumption of its
consequences