Define: Quod Computet

Quod Computet
Quod Computet
Quick Summary of Quod Computet

In Law Latin, “Quod computet” refers to “that he account”. It is the initial ruling in an account action, which mandates the defendant to provide a detailed financial report to auditors. If the plaintiff is successful, two judgements are issued: firstly, the defendant must present an account to auditors appointed by the court, and secondly, the defendant must pay the plaintiff the determined outstanding amount.

Full Definition Of Quod Computet

Quod Computet, a legal term, refers to the initial judgement in a legal action of account. This judgement mandates the defendant to present an accounting before auditors. For instance, if a business owner is accused of tax evasion, the court may issue a quod computet judgement, compelling the business owner to provide a financial account to auditors appointed by the court. Once the accounting is completed, the court will issue a subsequent judgement, requiring the business owner to settle any outstanding taxes. In summary, quod computet is a crucial legal term that ensures individuals and businesses are held responsible for their financial activities.

Quod Computet FAQ'S

Quod Computet is a Latin term that translates to “which computes” and refers to a legal concept related to the calculation of damages in a lawsuit.

Quod Computet is used to determine the amount of damages or compensation owed to a plaintiff in a lawsuit, particularly in cases where the exact amount cannot be easily calculated.

Quod Computet is commonly used in cases involving breach of contract, personal injury, wrongful death, and other civil litigation where the calculation of damages is complex.

Factors such as lost income, medical expenses, pain and suffering, and future earning potential may be considered in Quod Computet calculations.

Quod Computet is typically not used in criminal cases, as it is primarily a concept related to the calculation of damages in civil litigation.

The court may rely on expert testimony, financial records, and other evidence to calculate the damages owed to the plaintiff using Quod Computet.

In some cases, parties to a contract may agree to waive the application of Quod Computet and specify a predetermined amount of damages in the event of a breach.

An attorney may work with financial experts and other professionals to present evidence and arguments related to Quod Computet calculations on behalf of their client.

Yes, if a party believes that the Quod Computet calculations were incorrect or unfair, they may have the right to appeal the decision to a higher court.

It is important to work with an experienced attorney who can effectively present your case and advocate for fair Quod Computet calculations on your behalf.

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Disclaimer

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: 16th April 2024.

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