Uploaded by Princess Jean Gregorio

TERMS

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TERMS
Impunity - exemption from punishment or freedom from
the injurious consequences of an action.
Synallagmatic - A synallagmatic contract, also called a bilateral
contract, is a contract between two parties with opposing
interests, that includes provisions that bind each party to the
other. It differs from a unilateral contract, in which only one
party is obliged to provide a service to the other party.
Indemnification - compensation for harm or loss.
parties involved to their original positions before the contract
was made. It's a way to correct mistakes or address unfair
situations in contracts or agreements.
Tenor - In law, the term "tenor" is often used to refer to the
exact wording or language of a legal document or contract. It
emphasizes the importance of the precise wording of a
document, as any variation from the specified language can
have legal implications. Essentially, the "tenor" of a legal
document is the way it is written, including its specific terms,
conditions, and clauses. It's crucial for legal documents to be
clear and accurate in their tenor to avoid misunderstandings or
disputes.
Apprehended - arrest (someone) for a crime.
Restitution - Restitution is the act of giving back to a person
something that was lost or stolen, or of paying them money for
the loss.
Licit - not forbidden; lawful.
Rescission - Rescission is a legal term that refers to the cancellation
or annulment of a contract, agreement, or transaction. When
rescission occurs, it's as if the contract or transaction never
existed or is rendered void. This can happen for various
reasons, such as fraud, mistake, duress, or a violation of the
terms of the contract.
In simpler terms, rescission is like hitting the "undo" button on
a contract, undoing the legal effects it had, and returning the
Fraud - Fraud is a deliberate and deceptive act or scheme carried out
to gain an unfair or unlawful advantage, typically involving
deceit, trickery, or dishonesty. It often includes actions
intended to mislead, deceive, or manipulate others for personal
or financial gain. Fraud can occur in various contexts, such as
business, finance, contracts, insurance, and more. Legal
systems in many countries consider fraud to be a criminal
offense, and individuals found guilty of fraud may face
penalties, including fines and imprisonment.
Culpa - "Culpa" is a Latin term that translates to "fault" or "blame" in
English. In legal contexts, it is often used to refer to
negligence or fault in the context of a legal duty or obligation.
When someone is said to have committed "culpa," it means
they have acted negligently or in a way that goes against their
legal responsibilities, potentially leading to legal consequences
or liabilities. The concept of culpa is commonly used in civil
law systems to determine liability in cases where someone's
actions or omissions have caused harm or damage to another
party.
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