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AD FACTUM PRZSTANDUM. In

Categories: Contracts

Definition (1910 Edition)

Origin: Scotch

Scotch law. A name descriptive of a class of obligations marked by unusual severity. A debtor who is under an obligation of this kind cannot claim the benefit of the act of grace, the privilege of sanctuary, or the ceasio bonorum. Ersk. Inst. lib. 3, tit. 3, § 62.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain. UK commentary and modern updates are original additions. This entry is for educational reference only and does not constitute legal advice.