LSDefine

Simple English definitions for legal terms

commodity

Read a random definition: defense of property

A quick definition of commodity:

A commodity is something that people buy and sell. It can be a physical thing like a product or something that comes from a farm. It's not a service like getting your hair cut or going to the movies.

A more thorough explanation:

Definition: A commodity is a tangible item that is bought and sold in the market. It can be a product or merchandise, but not a service. It is often a raw material or agricultural product that is used to produce other goods.

Examples:

Oil
Corn
Cotton
Gold

These examples illustrate the definition of a commodity because they are all tangible items that are traded in the market. They are not services, but rather raw materials or agricultural products that are used to produce other goods. For example, oil is used to produce gasoline, corn is used to make food products, cotton is used to make clothing, and gold is used in jewelry and electronics.

commodatum | Commodity Credit Corporation

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

lilypadfrog

13:01

what if I started using redditisms

lilypadfrog

13:01

thank you kind stranger for the gold

Trismegistus

13:01

do all my hopes and dreams and sanity rest on chicago now

texaslawhopefully

13:01

@sadpadresfan: prolly. My only hope is my last name is towards the end of the alphabet

lilypadfrog

13:01

i hope u guys would put me down like a dog that bit a baby

Trismegistus

13:02

@texaslawhopefully: i saw 3/4 down alphabet then 30- mins later 1/2 down alphabet

texaslawhopefully

13:02

so they're still calling?

Trismegistus

13:03

that i dont know

KeenHeartbreakingRattlesnake

13:03

the Penn e wave is about to cook me

atwatodbit

13:03

@sadpadresfan: did you get your Cornell scholly with your A at the same time? I think they gave me nothing...

lilypadfrog

13:04

tex also got cornell scholly ask him

texaslawhopefully

13:04

there's a form you fill out

texaslawhopefully

13:04

and they'll get back to you within a few days

texaslawhopefully

13:04

https://support.law.cornell.edu/FinancialAid/ScholarshipForm/

sadpadresfan

13:04

@atwatodbit: they emailed me a day after submitting the form

atwatodbit

13:05

ah ok, i've seen that, just need to get parental info then. just making sure

sadpadresfan

13:05

Feeling fortunate and its my top choice as of now haha

lilypadfrog

13:06

what if you fill this out and you haven’t been admitted? just a next level move? they probably have to let you in then

PerpetualCheerfulBeaver

13:06

I applied to all my places in late september and am still waiting to hear back. ive missed all three types of waves (WL,R,A) am i screwed??

texaslawhopefully

13:07

Your guess is as good as mine. I'm in the same boat for most schools

Trismegistus

13:07

begging chicago for an A

atwatodbit

13:08

the vast majority of the t14 has not hit 50% of their As, many have not even hit 25%. zero reason for panic

PerpetualCheerfulBeaver

13:08

Thank you texas!

choosingpeace

13:08

missing CLS and Penn waves im so screwed

choosingpeace

13:08

i applied early too i hate everything im crashing out im crashing OUT

PerpetualCheerfulBeaver

13:08

I literally have no experience in this type of stuff, but if i get waitlisted, should i send an email about continued interest?

lilypadfrog

13:09

im so nonchalant

lilypadfrog

13:09

i will probably hear something back eventually

texaslawhopefully

13:10

I wish I could be like you lily

Trismegistus

13:10

im actively losingh my mind man

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