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espromissore

English translation: expromissor

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:espromissore
English translation:expromissor
Entered by: Patricia Crotty
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15:29 Feb 19, 2006
Italian to English translations [PRO]
Law/Patents - Law (general)
Italian term or phrase: espromissore
La Comit, costituitasi in giudizio, contestò la fondatezza delle domande del Curatore, deducendo che:
A)......
B)in ogni caso detti versamenti sono stati eseguiti da un terzo espromissore con denaro proprio e senza animo di rivalsa.
Alessandro Miani
Local time: 02:03
expromissor
Explanation:
NOVATION - Novation is a substitution of a new for an old debt. The old debt is extinguished by the new one contracted in its stead; a novation may be made in three different ways which form three distinct kinds of novations.

The first takes place without the intervention of any new person, where a debtor contracts a new engagement with his creditor, in consideration of being liberated from the former. This kind has no appropriate name and is called a novation generally.

The second is that which takes place by the intervention of a new debtor, where another person becomes a debtor instead of a former debtor, and is accepted by the creditor, who thereupon discharges the first debtor. The person thus rendering himself debtor for another, who is in consequence discharged, is called expromissor; and this kind of novation is caned expromissio.
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Patricia Crotty
Local time: 02:03
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4 KudoZ points were awarded for this answer

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4 +1expromissor
Patricia Crotty


  

Answers


6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
expromissor


Explanation:
NOVATION - Novation is a substitution of a new for an old debt. The old debt is extinguished by the new one contracted in its stead; a novation may be made in three different ways which form three distinct kinds of novations.

The first takes place without the intervention of any new person, where a debtor contracts a new engagement with his creditor, in consideration of being liberated from the former. This kind has no appropriate name and is called a novation generally.

The second is that which takes place by the intervention of a new debtor, where another person becomes a debtor instead of a former debtor, and is accepted by the creditor, who thereupon discharges the first debtor. The person thus rendering himself debtor for another, who is in consequence discharged, is called expromissor; and this kind of novation is caned expromissio.



    Reference: http://www.lectlaw.com/def2/n027.htm
Patricia Crotty
Local time: 02:03
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 318

Peer comments on this answer (and responses from the answerer)
agree  Alessandro di Francia
18 hrs
  -> thanks!
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