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Simple English definitions for legal terms

special guaranty

Read a random definition: comprising

A quick definition of special guaranty:

A special guaranty is a promise made by one person to pay a debt or perform a duty if another person fails to do so. It is a type of contract that is usually used in finance and banking. The guaranty is collateral, which means it is a backup plan to protect the person who is owed money. It must be in writing and is addressed to a specific person or group of people who are the only ones who can enforce it.

A more thorough explanation:

A special guaranty is a type of guarantee in which the guarantor promises to pay or perform a duty in case the primary obligor fails to do so. It is a written agreement that is collateral to the primary obligation and is addressed to a particular person or group of persons who are the only ones who can enforce it.

  • A father guarantees to pay his son's college tuition if the son is unable to do so. This is a special guaranty because it is addressed to the college and only they can enforce it.
  • A business owner guarantees to pay a supplier for goods delivered to their company. This is a special guaranty because it is addressed to the supplier and only they can enforce it.

These examples illustrate how a special guaranty is a specific type of guarantee that is addressed to a particular person or group of persons. The guarantor is promising to pay or perform a duty if the primary obligor fails to do so, and only the person or group named in the agreement can enforce it.

special grand jury | special guardian

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NosyBeagle
19:28
Do tell
windyMagician
19:40
i had to drop out of a grad program but i explained it in my gpa addendum bc it was the same underlying event causing both
windyMagician
19:40
i was also named in a civil lawsuit that got dismissed but only one school asked about it
windyMagician
19:41
sorry probably not helpful
ParallelAgreeableOrangutan
19:58
idk what the situations are, but you absolutely should write about them if the school asks about them—the only time you should be asking *whether* to write one is when you're not sure whether your situation qualifies as what they're asking about
ParallelAgreeableOrangutan
19:59
better question is usually *how* to write about them
ParallelAgreeableOrangutan
20:00
I had to write about write
ParallelAgreeableOrangutan
20:01
... write-ups at work (petty, and they were removed from my file after a year, but even so the app asked so I wrote)
NosyBeagle
20:05
Ah it cancelled out my msg cus I switched tabs. But I’ll just tell you guys cus I get mixed answers: a) accused of cheating on a calc exam freshman year but was cleared of wrongdoing, b) sent to the hospital senior year because I go too drunk
ParallelAgreeableOrangutan
20:12
Seems like you'd need to write about A because it went through a formal process, but it shouldn't hurt you if you explain it straightforwardly and explain you were cleared (just don't be weirdly salty about it like you're holding a grudge)
ParallelAgreeableOrangutan
20:12
Re B, did this involve school in any way? Is there an app that has a C&F question that you think this applies to?
ParallelAgreeableOrangutan
20:13
Maybe you're not deep enough into the process to know this—each school has its own unique set of C&F questions, so you should disclose exactly what they ask about, no more, no less
NosyBeagle
20:14
OH
NosyBeagle
20:14
Ok why did I think it was just gonna be one type of q for all. My bad folks. Ignore my info dump
ParallelAgreeableOrangutan
20:16
No worries! Frankly I think it's wild that applications have weird hidden quirks that you don't know about until you're actually logged into LSAC working through the app. There's some info you can find about the oddball/unique questions you'll find on specific apps, so you might want to look for that for schools you're going to apply to
ParallelAgreeableOrangutan
20:17
Like on various consultants' blogs, reddit, etc
NosyBeagle
20:17
🫡 thank you good sir or ma’am or bam
ParallelAgreeableOrangutan
20:17
Ooh can I be a bam
NosyBeagle
20:39
You may
NemoPropheta
20:45
ima write my personal statement about being fired and how that made me want to do law but it would be funny if I also had to write an addendum about it
NemoPropheta
20:45
turns out defense companies don’t like it when you question the war machine 🙏
NemoPropheta
20:46
“What are your opinions on Edward Snowden” - my boss
ParallelAgreeableOrangutan
21:02
I wrote optional essays about a situation that affected my undergrad performance. For any school that required an "education gap addendum" I was basically like "pls see my optional essay"
ParallelAgreeableOrangutan
21:02
¯⁠\⁠_⁠(⁠ツ⁠)⁠_⁠/⁠¯
NosyBeagle
21:12
did they accept that?
NosyBeagle
21:12
that reminds me of filling out job apps and they want you to type out your resume in a text box. like huh??? open the pdf, idiots
ParallelAgreeableOrangutan
21:18
I mean I was nicer about it—I'd put a couple of sentences explaining it super lo-res, and then I said something like "I speak to this situation in detail in my optional essay."
ParallelAgreeableOrangutan
21:20
They don't send your application back to you and tell you to redo an addendum if they don't like it, so the only way to know whether they "accepted" it, as it were, is admissions results
Bettercaulsaul
22:28
Helpful video I found https://youtu.be/2ZVrX6DTSKU?si=KsZeWbF4_fJuqKl5
c0bra1
23:17
who up lsdin they law
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