LSDefine

Simple English definitions for legal terms

consumer lease

Read a random definition: surrenderor

A quick definition of consumer lease:

A consumer lease is when someone rents something, like a car or a TV, from a company that specializes in renting those things to people for personal use. The person who rents the item pays a fee, called rent, to the company for the right to use it for a certain amount of time. It's like borrowing something, but you have to pay for it.

A more thorough explanation:

Definition: A consumer lease is a contract by which a person who is in the business of selling or leasing a product primarily for personal or household use conveys the right to use that product in exchange for consideration. It is also known as a lease agreement or lease contract.

Example: A car dealership offers a consumer lease to a customer who wants to lease a car for personal use. The customer pays a monthly fee to use the car for a specified period, usually a few years. At the end of the lease term, the customer can either return the car or buy it at a predetermined price.

Explanation: The example illustrates a consumer lease where the car dealership leases a car to a customer for personal use. The customer pays a monthly fee to use the car, and the dealership retains ownership of the car. The lease agreement specifies the terms and conditions of the lease, including the lease term, monthly payments, and end-of-lease options.

consumer-goods transaction | consumer loan

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 12 👎

AngryMiniCar

10:12

@GatorNation: I don't know that school all that well. But it's ranked really low and usually rankings don't matter much if you're just trying to practice. But I'd be careful and look on reddit. Cause some of these schools can be highkey predatory.

AngryMiniCar

10:15

Like some schools have a conditional scholarship that they take away from you at the drop of a hat and no faculty support in 1L so a lot of people get fucked. I know someone who got screwed by Western New England. Not saying that it is just that I wouldn't think of making it my go-to without digging into it.

GatorNation

10:23

Ok thank you!

NemoPropheta

10:35

check the 509 report, should show bar passage rate, employment data, and percent of students that retained their scholarship after 1L

badhorrormovie

10:57

lolla after show tickets used to be $20 and now they're fucking $70

badhorrormovie

10:58

I HATE U MUSIC INDUSTRY I HATE U LIVENATION

badhorrormovie

10:59

@GatorNation: are you trying to stay/go to florida for school?

Mostlylegal

11:43

im retiring from lsd yall,

Mostlylegal

11:43

thank you all for the laughs

Mostlylegal

11:44

let this be my formal termination notice

JupitersMoons

11:54

oh no

JupitersMoons

11:54

Mostly where are you going

windyMagician

12:10

hey alexa play you'll be black from hamilton

windyMagician

12:10

**back

NosyBeagle

12:13

hamilton but he frees the slaves and has to figure out what their racial demographics are for the census

c0bra1

12:17

has anybody compiled the transfer median gpas for law schools anywhere

c0bra1

12:18

instead of having to check each schools 509

BruceSutter

12:24

@c0bra1: not that I've seen

c0bra1

12:24

lame

BruceSutter

12:24

I think the transfer reddit had a spreadsheet at one point but it's a few years old

windyMagician

12:53

@NosyBeagle: I almost fell out of my chair

globalcitizen

13:46

Anyone read annihilation

NosyBeagle

14:40

@windyMagician: I'll be here all week

bigfatsloth

15:02

yo

bigfatsloth

15:02

i was training this new girl & she quit on second day

bigfatsloth

15:03

goin on 6 mo no word from notre dame

JupitersMoons

16:01

whenever someone has the free will to create a protein bar with a texture/appearance unlike an actual log of shit, pls someone send it to me

AngryMiniCar

16:51

any chance I'll improve RC just by hard drilling with no review? I honestly think I just have a reading problem atp

AngryMiniCar

16:51

Not even that I don't know how to answer questions. I think I'm simply not well read

JupitersMoons

16:56

@AngryMiniCar: they say the biggest thing for improving RC over time is just... reading. so yeah! go pick up some books. grab a harder one

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