The lex Plaetoria was an ancient Roman law designed to safeguard young individuals from deception and fraud, while also granting them the right to seek assistance from a guardian or curator for important decisions.
The ancient Roman law known as Lex Plaetoria safeguards minors from deceit and empowers them to enlist the aid of a guardian or curator. This law prevents sellers from misleading minors with false information when they wish to purchase property, and ensures that the transaction is conducted fairly and legally. Additionally, if a minor is coerced into signing a contract, Lex Plaetoria shields them from exploitation and permits them to seek the assistance of a guardian or curator to scrutinize the contract’s terms. By protecting minors from deception and exploitation in legal transactions, Lex Plaetoria enables them to assert their rights with the support of a guardian or curator. The examples provided demonstrate how this law operates in practical situations and how it benefits minors by preventing fraud and deceit.
Lex Plaetoria refers to a Roman law enacted during the time of the Roman Republic. It was primarily concerned with protecting debtors from excessive interest rates charged by lenders.
Lex Plaetoria was enacted in 326 BC during the Roman Republic.
The main provisions of Lex Plaetoria included limiting the maximum interest rate that could be charged on loans and providing debtors with the right to seek legal remedies if they were charged excessive interest rates.
No, Lex Plaetoria specifically applied to loans made by Roman citizens and did not extend to loans made to non-citizens or commercial loans.
The maximum interest rate allowed under Lex Plaetoria was 1% per month, which was considered reasonable during that time.
Yes, Lex Plaetoria allowed for certain exceptions, such as loans made for commercial purposes or loans made to non-citizens.
Disputes regarding interest rates were resolved through legal proceedings, where debtors could bring a case against lenders who charged excessive interest rates.
Lenders who violated Lex Plaetoria could be required to repay the excess interest charged and could also face fines or other penalties imposed by the Roman authorities.
Yes, Lex Plaetoria played a significant role in shaping Roman attitudes towards lending and debt. It helped establish a legal framework for protecting debtors and influenced subsequent Roman laws related to lending practices.
No, Lex Plaetoria is an ancient Roman law that is no longer in effect. However, its principles and influence can still be seen in modern legal systems that seek to protect borrowers from predatory lending practices.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
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