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Simple English definitions for legal terms

accommodation acceptance

Read a random definition: defalcation

A quick definition of accommodation acceptance:

Accommodation acceptance: When someone agrees to something as a favor or to help someone else out, it is called accommodation acceptance. For example, if a landlord agrees to let a tenant pay rent a few days late as a favor, that is accommodation acceptance.

Accommodation bill: This is a type of paper that is used in financial transactions. It is a promise to pay a debt that is made by someone who is not actually responsible for the debt.

Accommodation director: This is a person who is listed as a director of a company, but who does not actually have any real responsibilities or authority. They are just there to make the company look more legitimate.

Accommodation indorsement: This is when someone signs a document to show that they support it, even though they do not actually have any interest in it.

Accommodation indorser: This is a person who signs a document to show that they support it, even though they do not actually have any interest in it.

Accommodation land: This is land that is given to someone as a favor or to help them out, rather than as part of a normal business transaction.

Accommodation line: This is when an insurance company offers policies to someone who is considered a high-risk customer, in order to keep their business.

A more thorough explanation:

Accommodation acceptance is when someone agrees to take on a responsibility or obligation as a favor to someone else. This is often done to help out a friend or family member, even if it may not be in their best interest.

  • John agreed to co-sign a loan for his brother, even though he knew it could hurt his credit score. This is an example of accommodation acceptance.
  • Sarah let her friend stay at her apartment for a few weeks, even though it was inconvenient for her. This is another example of accommodation acceptance.

These examples illustrate how someone may take on a risk or inconvenience to help out someone they care about. It is important to consider the potential consequences before agreeing to an accommodation acceptance.

accommodated party | accommodation loan

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lilypadfrog
20:08
I almost saw a picture of Nick Mullen’s penis once
Dkk
20:09
Classic Season 1/2 cumtown leak.
lilypadfrog
20:09
He sent it to my friend
Well I look like a bum, use to my work computer not allowing us to send emails without a subject and sent one without a subject to UTK. Blame the newborn baby brain
20:10
@BulbasaurNoLikeCardio: wow you are really impressive applying to law school as a newborn baby
20:10
.
Dkk
20:11
@lilypadfrog: Speaking of Destiny and Nick. Still seems like Nick is leaking graphic content: https://x.com/brandonpagano/status/1881468884798365804
lilypadfrog
20:11
I read that as you sent them a pic of the baby for a second
kjds are getting crazier
texaslawhopefully
20:11
Sorry to interrupt this scintillating conversation but uchicago needs to release tmrw 😭
20:11
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20:12
sorry
are we not going to get context on nick mullen sending nudes to your friend
lilypadfrog
20:13
he was sexting anyone back in the day and she’s cute
awww
New born baby brain is what you get when you can only sleep in small increments for days straight lol and if I sent them a picture of her I would of gotten a second A so she can attend full ride
Dkk
20:18
@lilypadfrog: lol desperate guy
Trismegistus
20:18
tex i need an A tomorrow from chicago
texaslawhopefully
20:18
Me and you both
texaslawhopefully
20:19
If I get an A from Chicago, I feel like my cycle will have turned out pretty great for my goals
texaslawhopefully
20:19
If I don’t, well…I’ll be back here next year rip
Wouldn't go to Cornell? Also, what's the competitiveness expectation for next cycle?
Trismegistus
20:22
i will be happier than a pig in shit man
texaslawhopefully
20:22
I want to clerk, and Cornell has a 5 percent clerk rate
texaslawhopefully
20:22
Fed clerk
texaslawhopefully
20:23
Chicago is at 25 percent. It’s just such a massive difference I don’t think it’s worth it to go elsewhere besides HYSC and maybe UVA
That makes sense. Was looking into Cornell clerking stats https://www.lawschool.cornell.edu/careers/judicial-clerkships/
U kno even tho their circuit numbers don't compare to other schools, those #s are better than expected tbh
40-50 fed clerks is pretty cool
texaslawhopefully
20:29
That’s fair. Chicago though: https://www.law.uchicago.edu/clerkships
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