- What is Emptio Rei Speratae and Emptio Spei?
- What does Emptio SPEI meaning?
- What is Emptio Rei?
- What Latin term refers to a sale of a mere hope or expectancy?
What is Emptio Rei Speratae and Emptio Spei?
Distinguish between emptio res speratae and emptio spei. Emptio Rei Speratae is refers to the sale of thing having potential existence; while Emptio Spei refers to the sale of mere hope or expectancy.
What does Emptio SPEI meaning?
Emptio spei literally means 'purchase of [a] hope' or 'purchase of an anticipation'.
What is Emptio Rei?
Definition & Citations:
A purchase in the hope of an uncertain future profit; the purchase of a thing not yet inexistence or not yet in the possession of the seller, as, the cast of a net or a crop to begrown, and the price of which is to depend on the actual gain.
What Latin term refers to a sale of a mere hope or expectancy?
Emptio Spei ("sale of hope") sale of a mere hope or expectancy, which is deemed subject to a condition that the thing will come into existence (CC, 1461 par 2)