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Simple English definitions for legal terms

bulk sale

Read a random definition: accrual basis

A quick definition of bulk sale:

A bulk sale is when someone sells a lot of things from their business all at once, instead of selling things like they normally do. These things can be physical things like property or things that aren't physical like ideas or good reputation. If someone sells things in the normal way they do business, that's not a bulk sale. For example, if a store sells things to customers, that's not a bulk sale.

A more thorough explanation:

A bulk sale refers to the sale, transfer, or assignment of business assets that are not part of the regular business operations of a person or entity. These assets can include physical property, such as real estate or equipment, as well as intangible assets like intellectual property or goodwill.

It's important to note that a bulk sale is different from a regular sale made within the normal course of business. For example, if a retail store sells products to customers, that is not considered a bulk sale.

  • When a restaurant owner sells all of their kitchen equipment to another restaurant owner, that would be considered a bulk sale.
  • If a software company sells their patent rights to another company, that would also be a bulk sale.

These examples illustrate how a bulk sale involves the transfer of assets that are not part of the regular business operations. In both cases, the sale is not something that would happen on a regular basis, but rather a one-time event that involves a significant amount of assets.

building and loan association | bulk sales law

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14:19
I wrote Raytheon instead of RTX since its more recognizable
14:19
[deleted by starfishies]
14:20
@bonelesscannoli: swagalicious i will add the inc.
14:20
[deleted by starfishies]
@c0bra1: U work in retail?
14:21
im assuming he was an intern
14:24
@bonelesscannoli: no i interned also i hate this 15 message limit
14:25
howd you manage the internship? theyre super competitive
@c0bra1: I gotcha
14:31
@NemoPropheta: mine was on a chill team so i had a good time, but apple works like a bunch of little companies that report to the same ppl so its a little isolating if you're not in the same office/don't go out much. i didn't take RO to intern again
14:32
i applied cold and happened to team match well from something i did on a prior internship
@Sex-Drive: we have entirely different living standards if you think 60k is "hardly anything to live off of:"
i make around that in a hcol area and feel like im balling out while saving over 20% of my income
@Sex-Drive: Seconding what Windy's saying. I live in a LCOL and I'm fully able to support myself and my family on my paycheck alone. $60k in a HCOL while single was living check to check.
14:55
[deleted by starfishies]
not to be a boomer but i think people need to realize that you are supposed to be broke in your early 20s
oh no its dk again
What did they even post?
probably calling me an anti-hispanic slur
if I want to transfer to nyu is it better to go to washu or cardozo
(also why does nyu accept so many transfers from brooklyn lmao, what other t125 will let you transfer that high)
15:07
transferring is grades dependent so "better" is a little weird to define - a lot of ppl don't want to give up schollys/networks for ranking purposes. that being said im going to dozo and hoping for a nyu transfer lol
15:08
i think they take a lot from brooklyn just by the nature of being a nyc school. 3 out of 15 transfers out of cardozo went to nyu last year which is technically a good sign but you'd consider that the rate of ppl at washu wanting to move to nyc and pay sticker after a year is probably lower than the rate of ppl at nyc schools who want to
15:09
i dont really know how important it is to be median vs 75th of transfer gpa but id imagine keeping a B+/A- average is pretty hard in 1L and easier said than done
15:58
my bitches shaking ass with they hand out
NosyBeagle
16:49
did someone say shaking ass
16:55
im crashing out
im locking in
I'm locking [my daughter] in [the basement]
18:17
Im in the [spread] sheets locked [tf] in
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