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LATIN TERMS and meanings

Forums › ACCA Forums › ACCA LW Corporate and Business Law Forums › LATIN TERMS and meanings

  • This topic has 6 replies, 2 voices, and was last updated 10 years ago by mrjonbain.
Viewing 7 posts - 1 through 7 (of 7 total)
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  • December 14, 2014 at 10:08 am #220504
    Givemore
    Member
    • Topics: 1
    • Replies: 6
    • ☆

    There are many latin terms that are used in F4. Are these also examined? Does one have to know them all. If they are examined does anyone have a list of them and their meanings.

    December 14, 2014 at 10:54 am #220506
    mrjonbain
    Moderator
    • Topics: 6
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    I really don’t think you have to know the terms but you need to understand the legal principles behind the terms in a similar way to the fact you need to know the legal principles established by cases without needing to know case names and dates.

    December 14, 2014 at 11:13 am #220507
    Givemore
    Member
    • Topics: 1
    • Replies: 6
    • ☆

    Thank you very much, but not yet clear; example as in the question below and the terms. How do I know the/understand the legal principles behind the terms.

    WHICH EXPRESSION DESCRIBES THE FACT THAT DEBENTURES ISSUED IN A SERIES OF DEBENTURES RANK EQUALLY AMONGST THEMSELVES.

    A Quocunque jeceris stabit
    B honi soit quimal y pense
    C dieu et mon dtoit
    D pari passu inter se

    December 14, 2014 at 3:21 pm #220536
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2487
    • ☆☆☆☆☆

    I see your point.I honestly wouldn’t have thought that kind of question would be asked.When you were talking about Latin phrases I thought you meant phrases such as volenti non fit injuria, which refers to the lack of legal wrong done to a person that voluntarily accepts a risk.I think the answer is D to your question as I think the phrase pari passu means something close to equally.Do you mind if I ask where you saw the above question?

    December 14, 2014 at 4:58 pm #220546
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2487
    • ☆☆☆☆☆

    I will start a list of Latin terms for you and others.Here are some I can think of that are legally applicable Latin terms.

    Caveat emptor- let the buyer beware.
    Bona fide-In good faith.For example,an agent’s duty to act in good faith on behalf of the principle.
    quorum- of whom.Related in law to number of people needed for valid meeting to take place or for A valid decision or action to be taken.
    Prima facie-means on the face of it or on first appearance.Used in terms of evidence that legally speaks for itself unless contradicted by more compelling evidence.
    res ipsa loquitur-the facts speak for themselves.Related to prima facie.In this case unless alternative explanation for facts can be given then the obvious conclusion for given set of facts will be drawn.

    If you have any questions about above please ask.I will add to the list later.I may have to do a little research.

    December 15, 2014 at 8:58 am #220600
    Givemore
    Member
    • Topics: 1
    • Replies: 6
    • ☆

    Thank you very much, you have answered by listing them and their meanings, I did come across that question on open tuiion f4 section A multiple questions. Sorry for the late response. Had no network.

    December 15, 2014 at 9:06 am #220606
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2487
    • ☆☆☆☆☆

    You are welcome.

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