Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

conventional obligation

Read a random definition: unconditional pardon

A quick definition of conventional obligation:

A conventional obligation is a legal or moral duty to do something that comes from an agreement between two or more people. It can be a formal agreement to pay money or do something specific. This type of obligation is different from a moral obligation, which is based on personal beliefs and not enforceable by law. A conventional obligation can be enforced by the legal system if one party fails to fulfill their duty.

A more thorough explanation:

A conventional obligation is a legal or moral duty that arises from an agreement between two or more parties. It can be a formal, binding agreement or acknowledgment of a liability to pay a certain amount or to do a certain thing for a particular person or set of persons. This type of obligation is also known as a contractual obligation.

For example, if you sign a lease agreement with your landlord, you have a conventional obligation to pay rent every month and to take care of the property. If you fail to fulfill these obligations, your landlord can take legal action against you.

Another example of a conventional obligation is a loan agreement. When you borrow money from a bank, you have a conventional obligation to repay the loan according to the terms of the agreement.

Overall, a conventional obligation is a duty that arises from an agreement between parties and is legally enforceable. It is important to fulfill these obligations to avoid legal consequences.

conventional mortgage | conventional remission

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
12:35
BITCH!!!
jk actually i will
12:35
come over
youre so sexy aha
12:36
i knew that would work
i like being degraded
13:15
I do not believe you-degrade urself and deposit to my cashapp immediately, paypig
whats ur cashapp
13:23
im jk, I never accept monies from strangers
13:24
(too bashful and rich)
13:24
except the first two
Cyberpunk
14:47
Iced coffee dopamine kicking in
15:40
someone talk me through the mind of a girl who wears basically a sports bra and boy shorts to the gym
16:01
@NemoPropheta: its hot outside. its hot inside. sweating. less clothes.
16:17
literally yeah it gets hot
16:17
dudes go shirtless and i cant wear a sports bra?
16:19
i also hate the feeling of sweaty clothes lol
@llama: have you ever considered not going to law school and working for spivey instead
dudes are going shirtless in the gym? i gotta get on that
16:37
u can go shirtless in my gym 😛
are there monkey bars?
we gotta bring those back
no one monkeying around anymore
I could do them really fast too then one day everyone stopped giving a fuck
what level soft is monkeying around
elmo you can drive my car
16:44
yes im gonna be a star
16:44
elmo u can drive my car
16:44
and baby i love u
LSD+ is ad-free, with DMs, discounts, case briefs & more.