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LSDefine

Simple English definitions for legal terms

contribution

Read a random definition: interrogatories

A quick definition of contribution:

Contribution: Contribution is a term used in law and business. In law, it refers to a defendant's ability to recover damages from co-defendants in a joint and several liability jurisdiction. This means that a negligent defendant is liable to pay damages for all harm suffered by the plaintiff, even if the negligence of other parties caused some of that harm. After a plaintiff collects from a jointly and severally liable defendant, that defendant may initiate a separate lawsuit seeking contribution against the co-defendants. In business, contribution may refer to a capital contribution, which is money or assets given to a business or partnership by one of the owners or partners, or a charitable contribution, which is money or assets given to a corporation organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes.

A more thorough explanation:

Contribution is a term used in business and tort law. In tort law, it refers to an action a defendant may bring in a joint and several liability jurisdiction to recover for damages they paid out but did not cause. This means that if a plaintiff collects from a jointly and severally liable defendant, that defendant may initiate a separate lawsuit seeking contribution against the co-defendants. In this suit, the co-defendants will be required to pay damages in proportion to their blame for causing the injuries.

For example, if A and B negligently injure V, and V successfully sues A and B for $100,000, that the jury finds A 10% responsible for V's injuries, and B 90% responsible. Because A and B are jointly and severally liable, V may collect the full $100,000 from A. A may then demand that B pay their share of the judgment - here, $90,000.

In business law, contribution may refer to a capital contribution, which is money or assets given to a business or partnership by one of the owners or partners. The capital contribution increases the owner or partner's equity interest in the entity. Capital contributions are not considered business income unless given in the form of a loan.

Contribution may also refer to a charitable contribution, which is money or assets given to a corporation organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes. Charitable contributions are tax deductible for up to one half of an individual's adjusted gross income, and up to ten percent of a corporation's taxable income.

Overall, contribution is an important concept in law that helps to ensure that damages are paid out fairly and proportionally among all parties involved.

contractual lien | contributory infringement

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babycakes
10:01
I kinda think no one has stats that guarantee them any specific t14 bc it’s all so subjective
babycakes
10:03
My new top choice is a school that fw me heavy
My cycle is ass, I applied with a 168 and 3.93 GPA and got waitlisted by my own school
Who I am above the 75 percentile of btw
I still have other schools waiting but damm
thats actually wild
I was hoping I would do better but it's terrible
when did you apply
I applied in February but that's when I had my score
I had no choice really
babycakes
10:06
Yeah I’m afraid that’s ur issue
It kind of sucks, why even make the deadline in february if you're not going to accept anybody unless they applied prior to december
if you reapply youd be set , but i understand you might be agains that. I was facing that reality until recently
schools repeat ad nauseum that applying earlier is better
but financially it would save you thousands
might be worth it
i took the lsat in october 2023 but didn't apply until a year later bc that's when i had my stuff together
I'm still waiting on a lot of places but it's looking like I'm going to have no choice but that
and retaking the LSAT too
Mostlylegal
10:08
bro is getting a check from law school admins to try and encourage entry
10:10
someone will accept u this cycle hcarralero
10:10
but i agree that you'd receive a lot more money if you apply next cycle
10:11
i could see it being tough tho putting it off after all the work put into it
@hcarralero2005: I applied in December with an 168 and 3.79 and got waitlisted by my own undergrad school too it sucks. I got waitlisted by 4 schools and still haven't heard back from three other schools at all. I've only been accepted by my safety schools so far it's discouraging
ms baby cakes have you heard about the ig influencer that's in our class?
babycakes
10:16
yes I am very aware
there was a reddit post about how she's going to bring down the quality of our class and how women at our school are gonna get treated worse bc of her... i crashed out, like just let her live
babycakes
10:16
yeah I think that is so evil
the white knighting was crazy work
babycakes
10:17
she is not responsible for the way men act
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