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LSDefine

Simple English definitions for legal terms

cap

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A quick definition of cap:

A cap is a limit on how much money someone can earn, pay, or receive. For example, a loan may have a maximum interest rate, a business may set a cap on how much they charge loyal customers, and the government may limit the amount of assets someone can have to receive welfare benefits.

A more thorough explanation:

A cap is a limit set on something like income, interest, fees, loans, or benefits. It means that there is a maximum amount that can be earned, charged, borrowed, or received.

  • A loan can have different interest rates depending on the market, but there is a cap rate of interest that cannot be exceeded. This means that the borrower will not have to pay more than a certain amount of interest on the loan.
  • Businesses can set a cap on maintenance fees for frequent customers. This means that no matter how many times a customer uses their services, they will not have to pay more than a certain amount for maintenance.
  • Congress sets a cap on total assets an individual can own to be eligible for welfare benefits like supplemental security income or SNAP. This means that if someone owns more than the set amount, they will not be eligible for these benefits.

These examples illustrate how a cap works by setting a limit on something. It ensures that there is a maximum amount that can be earned, charged, borrowed, or received, which can be helpful in preventing excessive fees or benefits to those who do not qualify.

canons of construction | cap and trade

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Calm down ellen
Prephrasing is one strategy and is key for the loophole system, but many more do not use it all
Takes time
11:04
in the buildup to my best score, I was taking 2-3 PTs a week, but I made sure to save the more modern ones for the months leading up
But when good, you should be able to read stimulus and know lsat well enough to basdically guess what the question will be and what the answer will be. Like you read the stem and go "this is so obvious a flaw question, it is variable B"
OMG vandy enough with the feelers i aint sending a LOCI
11:05
@PremiumFrequentCrane: fr. if you wait like 5 months to respond I'm not writing a loci lol
NosyBeagle
11:07
@esoterica: i think u talked about the wrong answer jounral yesterday and im gonna start doing that. thank you
@FrioJGenius: fr and WL to A is full sticker anyway lmfao and i aint begging
Also, not doing law anymore so no matter
@NosyBeagle: that is just asian bullshit. You dont need to type that shit out
11:10
I’m with one of the big companies and everyone there recommends prephrasing. Hardly Loophole-exclusive
LOL which one you are anon tell us
7Sage doesnt, for example.
11:10
The tutors do
Then they are idiots
11:11
Basically what you said, if you’re good you should have an intuition of the answer
NosyBeagle
11:11
asian bullshit?? dude what
It is one strategy students should be aware of, not authoritative
11:11
@PremiumFrequentCrane: private schools love doing that. No scholarship is an automatic no
@NosyBeagle: you will see as you be in this space more and more that wrong answer journal is an asisan school of thought, originating in 7sage's lsat as an esl student package
@FrioJGenius: well they can dance with someone else
At least in the contemporary online lsat space, obvs writing wrong answer journal is applicable to many things and has been forever, as ONE strat
11:13
It’s obviously not the only strategy! I just think it’s helpful for a lot of people and at least worth a shot to see if it benefits you. I got a 99th percentile score and never used a wrong answer journal or blind reviewed but I’m kind of a lazy bum and it does provide value for a lot of people
11:15
One thing I personally did that I think helped me a lot was using the 7sage drill setting where you can pick only answers you’ve gotten wrong before and redo them. Then you can see if you’re getting them wrong the same way again, different way, or getting them right
11:16
sometimes i wana retake a lsat to see if i still got it
11:16
omg id be mad as fuck if my score went up
11:17
wheres lama
11:18
sorry for being serious you guys i won’t do it again
11:19
I tried to retake in January and picked it up again studying very hard to see if I could hit mid to high 170s
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