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Simple English definitions for legal terms

cash-and-carry clause

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A quick definition of cash-and-carry clause:

Term: Cash-and-Carry Clause

Definition: The cash-and-carry clause was a rule that allowed countries at war to buy goods with cash, even if those goods were not allowed to be exported. This rule was in place before the United States joined World War II. Although it was supposed to be fair to all countries, it actually helped Great Britain more than others.

A more thorough explanation:

The cash-and-carry clause was a regulation in international law that allowed countries at war to purchase goods with cash, even if the export of those goods was prohibited. This regulation was in effect before the United States entered World War II.

For example, during the early years of the war, Great Britain was in desperate need of supplies, including weapons and ammunition. The cash-and-carry clause allowed them to purchase these goods from the United States, even though the U.S. was officially neutral in the conflict.

However, the cash-and-carry clause was not entirely neutral in practice. Great Britain had a stronger navy than Germany, which meant that they were better able to transport goods across the Atlantic. This gave them an advantage in purchasing supplies from the U.S. under the cash-and-carry clause.

Overall, the cash-and-carry clause was a way for the U.S. to remain neutral in the early years of World War II while still providing support to its allies.

cash-against-documents sale | cash bail

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RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
13:18
i’m in the same boat mastermonkey but with lower stats. i hope i hear back by mid march
CheeseIsMyLoveLanguage
13:24
@mastermonkey45: Looking at some of the recent decisions in relation to when they went complete, I'd say it's a good sign. It seems many declines were sent within about 5-6 weeks of completion. Given those were applications that were SENT in January, I'd say that means you're still solidly in the running. :)
14:30
Sent an app to OSU in early december and have STILL not heard back
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