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Legal Definitions - quae functionem recipiunt
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Definition of quae functionem recipiunt
QUAE FUNCTIONEM RECIPIUNT
Quae functionem recipiunt is a Latin term used in law. It refers to things whose value depends on the class of things to which they belong. These things can be generically estimated by quantity or weight. For example, money and corn are fungibles.
- Money
- Corn
- Oil
The examples illustrate the definition because they are all things that can be measured by quantity or weight. The value of these things depends on the class of things to which they belong. For example, the value of money depends on the currency and the amount, while the value of corn depends on the type and the quantity.
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Simple Definition
Term: QUAE FUNCTIONEM RECIPIUNT
Definition: Quae functionem recipiunt is a Latin phrase that refers to things whose value depends on the class of things to which they belong. These are typically fungibles, which are things that can be estimated by quantity or weight, such as money or corn. This phrase is used in legal contexts to describe the nature of these types of items.
Example: The court determined that the stolen corn was a fungible and fell under the category of quae functionem recipiunt.
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