Search Results for: INTENTION

actus animi

actus animi (ak-t[schwa]s an-[schwa]-mI). [Law Latin] Hist. An act of the mind; an intention. See ANIMUS. “Again, consent, which is essential to all contracts, is an actus animi, and is presumed in all cases where the contract is ex facie regular.” John Trayner, Trayner’s Latin Maxims 21–22 (4th ed. 1894).

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implied acceptance

An acceptance implied by a drawee whose actions indicate an intention to comply with the request of the drawer; conduct by the drawee from which the holder is justified in concluding that the drawee intends to accept the instrument. [Cases: Bills and Notes 70. C.J.S. Bills and Notes; Letters of Credit § 21.]

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