stipulatio
Stipulatio is an ancient Roman form of contract characterized by a formal verbal exchange between two parties. In this arrangement one person, the stipulator, asks a specific question about a promise to do, give, or pay something, and the other person, the promissor, answers in the affirmative. The exchange itself creates an obligation, even though no transfer of property or other consideration is required.
The structure of stipulatio is key to its functioning. It is a two-person, question-and-answer contract that
The legal effect of stipulatio is the creation of an enforceable obligation. The standard remedy is the
Historically, stipulatio is regarded as one of the foundational metaphorical forms of contract in Roman law