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Simple English definitions for legal terms

merchandise broker

Read a random definition: legibus solutus

A quick definition of merchandise broker:

A merchandise broker is a person who helps sell goods without actually possessing them. They act as a middleman between buyers and sellers, negotiating deals and contracts. They are different from factors because they do not have physical possession of the goods. Merchandise brokers are agents with limited powers and are compensated for their services.

A more thorough explanation:

Definition: A merchandise broker is an agent who negotiates the sale of merchandise without possessing it. They act as intermediaries between buyers and sellers, but do not have possession of the goods.

Examples: A company that produces clothing hires a merchandise broker to sell their products to retailers. The broker negotiates the terms of the sale and takes a commission on the transaction. Another example is a food broker who represents multiple food manufacturers and sells their products to grocery stores and restaurants.

Explanation: Merchandise brokers are hired to sell products on behalf of manufacturers or suppliers. They do not take possession of the goods, but negotiate the terms of the sale and take a commission on the transaction. The examples illustrate how merchandise brokers act as intermediaries between buyers and sellers, negotiating the terms of the sale and taking a commission on the transaction.

merchandise | Merchandise Marks Acts

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

DivergentBoundlessHuman

9:35

don't be a dick bro

ronniedoeslaw

14:19

Foreal

ronniedoeslaw

14:20

The name says it all lol

ParaamShinde

12:58

Hello. To the gooners that have been on this site for 2+ years, you might remember me, or you might not. I was a high school freshman back then asking for advice (obvi pretty dumb at that age), and now I am a junior going to apply to colleges this summer. I had a few questions for the T14 law students here.

ParaamShinde

13:01

1. Does major matter in law school admissions? I want to go into corporate and/or IP law, so I'm thinking about majoring in Finance at some schools and Political Science at others, depending on which is stronger. I want a good job outlook in case I change my mind in the process, I'm pretty young after all. 2. To the T14 KJD admits: Give me your best advice. I want to get into T14 law schools, and similar to college admissions into undergrad, I wish I knew a lot of stuff earlier. What are some things you can tell me that can increase my chances of admission significantly?

ParaamShinde

13:03

3. How important is the undergrad program you go into? Will it help you in law school admissions and/or job placement and networking?

ParaamShinde

13:05

4. My most important question: Think back to when you were 17 (my age). If there was something you wish you knew then, what would it be? This can be anything. I don't have many people around me that go into law (everyone either goes into business or CS/engineering), so your advice is valued and highly-regarded by me.

HardHittingTraderDog

14:47

@ParaamShinde: If you are going to go to Law School, find out and make sure you attend an undergraduate school that is on a 4.3 grade scale, not a 4.0. Regardless of what LSAC says, they do NOT weight this scale to account for schools that do not give A+ grades and thus, disadvantages applicants who are on a 4.0 scale. A very overlooked pro tip that makes a huge difference, at least today. Good luck.

Girafffffffffffffe

15:38

Anyone got any book suggestions about how to be successful in law school?

NemoPropheta

17:27

@Girafffffffffffffe: Meditations, The Stranger, Thus Spake Zarathustra

globalcitizen

18:33

Industrial society and its future

globalcitizen

18:34

Camp of the saints

globalcitizen

18:35

One l by Scott Turow.

globalcitizen

18:35

Tortilla flat

globalcitizen

18:36

The screwtape letters

globalcitizen

18:37

Watch the movie legally blonde to understand wasp/brahmin misanthropy

Ur-

19:08

@ParaamShinde: Finance and PSCI will not help with IP Law. They barely help with business. Undergrad will not help very much. LSAT & GPA are everything. Job placement/networking maybe so. Advice for my 17 year old self? Just keep doing what you feel like doing. Any advice would be wasted on my 17 year old self. Listen to instinct over modern logic more. Be more blunt with people. Hang out with better people. Realize sooner that factors like class matter in society no matter how many people say we are all equal.

Ur-

19:13

@Girafffffffffffffe: Can always read classic political theory. Should always start with The Apology, go on to The Birds, The Republic. If you want some alt-right stuff like these guys are suggesting, The Turner Diaries & Day of the Rope by Devon Stack. Day of the Rope is a meme though.

ParaamShinde

20:04

@HardHittingTraderDog: Niche advice, thanks! Do you know schools to "avoid" going to if I want a high GPA? Im okay with studying crazy for LSAT, but getting a high GPA is more of a worry for me.

ParaamShinde

20:05

@Ur-: Thank you for the advice!

ParaamShinde

20:09

I really wanna go to either HLS, SLS, or YLS. I know you might roll your eyes at this, but I wish I used my opportunities and knew much more about undergrad college admissions to get into top schools, and I feel like college can give me a fresh start.

PremiumFrequentCrane

21:15

yale is very easy for marking

NemoPropheta

21:24

@Ur-: what is altright about any of the books I mentioned?

NemoPropheta

21:25

I didn’t tell him to read The Prince or Mein Kampf or 48 laws of power

NemoPropheta

21:26

Id even go so far as to say that The Stranger is inherently anti fascist

nattyalley

22:23

Hey guys, I am currently between offers for Pace and Hofstra- I was offered virtually the same amount, but both are conditional. Hofstra- 40k a year if I stay in top 50% of class Pace- 41k a year if I stay above a 2.3 GPA What would be the better choice in your opinion? I visited Hofstra and it was ok, I wasn't wowed. Didn't have time to visit Pace before my seat deposit is due. Please give advice!

Ur-

22:55

@NemoPropheta: Nothing inherently alt-right but the way you interpret those books can be. Was mainly talking about global citizen. Meditations is quoted mainly by what I would say moderate self-help conservatives these days. Not really alt-right. Thus Spake Zarathustra is a switch hitter where you can go very far left or right with it. The stranger is usually interpreted as nihilism but it can also be a critique on judicial systems and what a liberal society would deem morally correct. Or within the Overton window. The character like many alt-right figures rejects modern morality and is eventually sentenced to death not for actually killing the algerian but for not showing up to his mother's funeral. He is considered guilty for that rather than not following societal norms. Kinda a Dereck Chauvin like figure. Not necessarily sentenced because a man died but because of extraneous circumstances.

Ur-

22:58

@nattyalley: Pace curves around a 2.3-2.5 GPA and Hofstra curves around what looks like a 3.0 from a quick google search. Would probably go Hofstra.

Ur-

22:59

ALRIGHT TIME TO WATCH THAT NEW SEASON OF RICK AND MORTY, WUBBA LUBBA DUB DUB, I TURNED MYSELF INTO A PICKLE, I AM PICKLE RICK. SEASON 8 BABY, RICK AND MORTY FOREVER, WHERE MY RICK HEADS AT??? LET'S GET SOME WUBBA LUBBA DUB DUBS IN THE CHAT.

nattyalley

23:12

@Ur-: still, doing the math pace would be 28k a year while hofstra looks like it would be 40k plus depending on where I would live. so i'm confused if the lower cost would be better in the long run

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