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LSDefine

Simple English definitions for legal terms

broker

Read a random definition: dolo circumventus

A quick definition of broker:

A broker is someone who helps people buy or sell things, like houses, stocks, or insurance. They get paid a fee for their help. Brokers are not the same as agents, who work for someone else. There are many different types of brokers, and they have to follow rules to make sure they are fair to their customers.

A more thorough explanation:

A broker is a person or entity that acts as an intermediary between a buyer and seller for a commission. They arrange contracts and facilitate transactions. Brokers are independent parties and are different from agents who act on behalf of a principal party in a deal.

Brokers in many fields are regulated and licensed by each state and have a fiduciary duty to act in the best interests of their customers or clients. Brokerage firms are also generally subject to regulations based on the type of brokerage and jurisdiction.

For example, a real estate broker helps buyers and sellers of properties to connect and negotiate a deal. They earn a commission for their services. Similarly, a customs broker helps importers and exporters to navigate customs regulations and procedures. They also earn a commission for their services.

Overall, brokers play an important role in facilitating transactions and connecting buyers and sellers in various industries.

bright-line rule | Brown v. Board of Education (1954)

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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