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Fide-Jussor
One who becomes security for the debt of another, promising to pay it in case the principal does not do so.
He differs from co-obligor in that the latter is equally bound to a debtor with his principal, while the former is not liable till the principal has failed to fulfill his engagement.
The obligation of the fide-jussor was an accessory contract for, if the principal obligation was not previously contracted, his engagement then took the name of mandate.
This entry contains material from Bouvier's Legal Dictionary, a work published in the 1850's.
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The 'Lectric Law Library INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 A: Page 1 of 27.
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