Four Types Of Contractsus In Classical Roman Law

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In classical Roman law, in 200 AD, four classifications of contractus are recognized. The first the contractus consensu for which the only necessity is the meeting of minds. This first type is divided into four sub-categories which are all bilateral, excepted mandatum. The first form of consensual contract is the emptio-venditio. This contract concerns sales and its fundamental conditions are that there must be an accord on the thing that is sold for a price which should be in money. The second type of contractus consensu is the locatio-conditio which involves the hire. It concerns all type of transactions in which a locator places an object or a service at the disposal of a conductor. The two last categories of contractus consensu are societas and mandatum. The former involves partnership while the latter concerns services performed gratuitously at the demand of a party.
The second is the contractus re. Contractus re is divided in four types. Firstly, there is the mutuum contract which deals with transfer of ownership for which the borrower has to return the correspondent in quantity and quality. Secondly, there is the commodatum contract that concerns loan for which the borrower has to return the object. The two last types are depositum and pignus. The former happens when someone hands over an object for his safe-keeping while the latter concerns a transfer of possession as security.
The third type is the contractus verbis which consists of an oral agreement based on a

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