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Law school: Where you spend three years learning to think like a lawyer, then a lifetime trying to think like a human again.
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Legal Definitions - merx et pretium
Behind every great lawyer is an even greater paralegal who knows where everything is.
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Definition of merx et pretium
merx et pretium
Merx et pretium is a legal term used in Roman and Scots law. It refers to goods and their price, which are two essential components of a sales contract.
When you go to a store to buy a shirt, the shirt is the merx and the price tag is the pretium. Both are necessary for the transaction to take place.
In a business deal, a seller offers a merx (such as a car) and a pretium (the amount of money they want for the car) to a buyer. If the buyer agrees to the pretium, they can purchase the merx.
If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.
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Simple Definition
Term: merx et pretium
Definition: Merx et pretium refers to goods and a price, which are both essential components of a sales contract in Roman and Scots law. In simpler terms, it means that when you buy something, you need to know what you're buying and how much it costs.
Term: mescreaunt
Definition: Mescreaunt is an old French word that means miscreant, which is someone who behaves badly or does something wrong. It's a term that was used in historical legal contexts.
The end of law is not to abolish or restrain, but to preserve and enlarge freedom.
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