2.03 EXPLANATORY: STIPULATED FACTS, also known as Stipulated Findings of Fact, refers to a judicial statement of facts in which the parties in a lawsuit have mutually agreed to be true. These facts are used to establish the rights and obligations of the parties, as well as the basis for a court ruling. In some cases, stipulated facts are used to limit the evidence and arguments to be presented at trial. Types of stipulated facts can include admissions of fault, admissions of liability, admissions of negligence, admissions of contract breach, and other facts relevant to the case.