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LSDefine

Simple English definitions for legal terms

inventory

Read a random definition: spouse

A quick definition of inventory:

Inventory: A list of things that someone has. For a business, it means all the things they have in their store or warehouse that they can sell to customers.

A more thorough explanation:

Inventory refers to a list of assets that a person or business currently has in their possession. For a business, it specifically refers to all the goods or property that are currently stocked and available for sale.

For example, a grocery store's inventory would include all the food items, cleaning supplies, and other products that are currently on the shelves and in the stockroom. A clothing store's inventory would include all the clothing items, accessories, and other merchandise that are currently available for purchase.

Having an accurate inventory is important for businesses because it helps them keep track of what they have on hand and what they need to order more of. It also helps them make decisions about pricing, promotions, and sales.

inventor | inverse condemnation

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9:45
I’m going to be nice. All I will say is I don’t think this caliber of writing would be beneficial to your law school application
tbf it isnt spivey whos editing your personal statement
9:50
Yeah agreed the other people at the firm are prob fine
9:51
But please read that blog post it’s soooo funny
ahahahahhahaha yeah i am sure one if not the most trusted law school admissions consulting service cant write all fancy dancy when they fucking want lmfao
you like one of those idiots who think spelling is a sign of ingelligence
I am REALLY impressed with the way you know words
i think hes seen interstellar too many times
Yeah he shoulda quoted the bible
bitch he didn’t quote anything
you need some inpatient help my man
NosyBeagle
9:58
never heard of this guy. i am intrigued
@NemoPropheta: lmfao we got law schools sending out typos and this bitch is over here thinking an informal blog post is indicative of the writing ability of one of the top admissions consulting services with a track record proven over years, with many customers getting what they want, ie t14
ParallelAgreeableOrangutan
10:21
@seventensplit: did you read RFelixFinch's reddit review of Spivey pro bono? He didn't mention race at all in his app to the program, and they accepted him based on unusual life/background/history
Felix? Fucking jamal bond from 007?
10:25
take your meds bro im begging you
NosyBeagle
10:26
if i take my meds, you all will go away
10:28
YEOW good one nosybeagle i hopw u have a long and prosperous life
NosyBeagle
10:28
thank you bigfatsloth. i wish you the best
10:28
yay
@ParallelAgreeableOrangutan: Yeah, I went ahead and put in an app. Fingers crossed, I guess!
ParallelAgreeableOrangutan
10:32
I hope you get it!
NosyBeagle
10:34
crying screaming throwing up because I have to study again today (I want to go to law school)
ParallelAgreeableOrangutan
10:42
Don't hate me but I start law school in the fall and I'm realizing I would happily do the LSAT for three years instead
NosyBeagle
10:43
what school
ParallelAgreeableOrangutan
10:43
HLS lol which is why I'm so nervous I think
Any idea when Spivey will actually make selections? The deadline is June 29th to apply, so I'm betting they won't make any decisions before that point. Will they email you if you've been rejected or only if they accept you?
ParallelAgreeableOrangutan
10:44
I bet RFelixFinch will tell you how long it too him to find out if you comment on his reddit post
NosyBeagle
10:45
u gotta lock in bro
ParallelAgreeableOrangutan
10:48
I've been out of school for a long time and I'm scared I won't remember how to be a student, or that I'm too used to sleeping full 8-hour nights
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