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LSDefine

Simple English definitions for legal terms

crossed check

Read a random definition: discharge

A quick definition of crossed check:

Term: Crossed Check

Definition: A crossed check is a type of check that has two parallel lines drawn across its face. This indicates that the check can only be deposited directly into a bank account and cannot be cashed. It is a security measure to prevent fraud and ensure that the money goes to the intended recipient.

Term: Cross-elasticity of Demand

Definition: Cross-elasticity of demand is a concept in economics that describes the relationship between two products that are substitutes for each other. When the price of one product changes, it affects the demand for the other product. For example, if the price of Coke increases, people may switch to Pepsi instead. This is important for businesses to understand when setting prices and competing in the market.

A more thorough explanation:

Definition: A crossed check is a type of check that has two parallel lines drawn across its face, indicating that it can only be deposited directly into a bank account and cannot be cashed by the recipient.

Example: If you receive a crossed check from someone, you cannot simply take it to a bank or check-cashing store and receive cash for it. Instead, you must deposit it into your own bank account and wait for it to clear before you can access the funds.

Explanation: Crossed checks are a security measure designed to prevent fraud and ensure that funds are only transferred between bank accounts. By requiring the check to be deposited into a bank account, it reduces the risk of the check being lost or stolen and provides a clear record of the transaction.

cross-demand | cross-error

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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