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LSDefine

Simple English definitions for legal terms

consignee

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A quick definition of consignee:

A consignee is the person who receives goods from someone else to sell. The person who sends the goods is called the consignor. The consignee takes care of the goods and sells them, but the consignor still owns them until they are sold. After the sale, the consignee pays the consignor some of the money they made. Consignment can also mean when someone else is trusted to store goods, and the person who trusts them is the consignor, while the person who accepts the trust is the consignee.

A more thorough explanation:

A consignee is a person or entity that receives goods from a consignor for the purpose of selling them. The consignee takes care of the goods and sells them on behalf of the consignor. The consignor retains ownership of the goods until they are sold, and the consignee pays the consignor a portion of the sale proceeds.

  • When a clothing store receives merchandise from a designer to sell in their store, the store is the consignee and the designer is the consignor.
  • When a shipping company delivers a package to a specific person or business, that person or business is the consignee and the sender is the consignor.
  • When a person entrusts their belongings to a storage facility, the storage facility is the consignee and the person is the consignor.

These examples illustrate how a consignee is responsible for the care and sale of goods that belong to someone else. The consignor retains ownership until the goods are sold, and the consignee pays the consignor a portion of the sale proceeds. This arrangement allows for the consignor to distribute their goods without having to manage the sales process themselves.

consign | consignment

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BulbasaurNoLikeCardio
18:26
I do not think we will see a wave until after thanksgiving. Adcoms will be nice and not ruin someones thanksgiving with an R
18:28
ruin my thanksgiving law schools uwu
PerpetualCheerfulBeaver
18:53
I really thought a texas schools wave was going to hit today...guess it will be December 1
7Rings
19:00
No news is good news 😜
PerpetualCheerfulBeaver
19:10
the mentality im embracing
ClassyPleasantHeron
19:23
You will see some A waves next week, just before Thanksgiving. Schools like to give people things to talk about over the holidays.
19:26
my predict monday berk from earlier td
snow
19:33
Oregon decision rendered…
snow
19:33
Bro why don’t they just tell me lol
damn ive been under review for a month and no movement, when did u apply snow?
snow
19:39
The day apps opened. I still don’t know what the decision is tho lol
Dang. Crossing my fingers for you!!
snow
19:41
Thank you!!
shaquilleoatmeal
19:44
Snow dude wtf you been
snow
19:46
Working! I was prepping for a trial but it got reset!
snow
19:47
Have you don your gulc interview?
JumpySubsequentDolphin
19:47
@snow: snow!!!! I’m in Oregon should I break into admissions office and demand your decision be sent
shaquilleoatmeal
19:49
Better to be prepared than not, otherwise it always happens when you don’t prep
shaquilleoatmeal
19:50
Yea did it a week and half ago, told us we won’t hear anything until end of December if we’re lucky, most likely first week of jan
shaquilleoatmeal
19:50
Said no one works after Monday this week and no one works week of Christmas
shaquilleoatmeal
19:50
So holiday takes time away from app review
snow
19:54
True @shaq and do it jumpy!!
20:06
Hi everyone! Decided a bit too late that I wanted to go into law. GPA currently stands at 3.76 (one more semester to go) and I'm interested in going into immigration law. Anybody got any advice for LSAT studying and applications? I plan on taking a gap year to have some time for internships and such :)
snow
20:08
Apply for the LSAT fee waiver to try to mitigate the cost of materials! 7Sage is $1 for a year if you have the fee waiver. I also think you should try to work in an immigration firm in some way to see if it’s something you really want to pursue and to add to your resume. Good luck!!! One tip I would also give is to not sign up for the LSAT until you’re practice tests average are around the score you’re aiming for
snow
20:08
Your*
snow
20:08
You got this! :)
madollyy
20:09
thank you snow <3
Dkk
20:15
@madollyy: use LSAT Demon!
Dkk
20:16
Watch their youtube channel too
madollyy
20:23
Would an internship through CHCI help my application as well?
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