Most Used Legal Maxims, Translation and Meanings with easy explanation that everyone needs to know. Legal Maxim of the Day. These legal maxims are useful for lawyers, business owners, and more.
The law is often described as “a body of rules.” But in reality, the law is much broader than that. It includes principles, precedents, and maxims. Maxims are concise statements of general principles that apply to many situations. They’re also called “legal maxims” because they’re used by judges and lawyers to explain how the law works.
They will help you avoid common mistakes and pitfalls when dealing with contracts, negotiations, and other legal matters.
Here’s an example of a legal maxim: “The law favours the vigilant and not those who sleep upon their rights.” This means that people should take care to protect themselves against potential risks. If you do nothing, you might lose your right to sue someone else for damages.
Legal Maxim/Term- ab initioTranslation- from the beginningDefinition- Commonly used referring to the time a contract, statute, marriage, or deed become legal. e.g. The family was covered ab initio by her Mediclaim.” “Ab initio” is a Latin legal term that means “from the beginning.” The term is commonly used in legal proceedings and refers to the […]
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