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LSDefine

Simple English definitions for legal terms

DDP

Read a random definition: contingency fee

A quick definition of DDP:

DDP stands for Delivered Duty Paid. This means that when you buy something, the seller is responsible for getting it to you and paying any taxes or fees that come with it. It's like having a delivery person who takes care of everything for you. DDP can also stand for Disclosure Document Program, which is a way for companies to share important information with their investors.

A more thorough explanation:

Definition: DDP is an abbreviation that can stand for two different things:

  1. Delivered Duty Paid: This is a term used in international trade to indicate that the seller is responsible for delivering the goods to the buyer at the destination, and has paid all costs associated with getting the goods there, including any taxes or duties.
  2. Disclosure Document Program: This is a program used by the Securities and Exchange Commission (SEC) to help investors make informed decisions about investing in securities. Companies that issue securities must provide certain information to the SEC, which is then made available to the public through the Disclosure Document Program.

Examples:

  • Example 1: A company in the United States sells a product to a customer in France. The company agrees to deliver the product to the customer's address in France and pays all costs associated with getting the product there, including any taxes or duties. This is an example of a DDP transaction.
  • Example 2: A company wants to issue securities to raise money. Before doing so, the company must provide certain information to the SEC through the Disclosure Document Program. This information includes financial statements, information about the company's management, and other relevant details. Once the information is provided, it is made available to the public so that investors can make informed decisions about whether to invest in the company. This is an example of the Disclosure Document Program.

These examples illustrate the two different meanings of DDP. In the first example, DDP refers to a specific type of international trade transaction where the seller is responsible for delivering the goods and paying all associated costs. In the second example, DDP refers to a program used by the SEC to help investors make informed decisions about investing in securities.

DDOS | DDU

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snow
20:31
I agree with dk ^
madollyy
20:31
Got it, thank you. I don't think there is much I can do for my GPA now since I only have 1 semester left for ug but I definitely will be studying my butt off for the LSAT.
Dkk
20:32
Nice!
madollyy
20:32
I really appreciate your advice, guys <3 Wishing you luck on your endeavors!
JumpySubsequentDolphin
20:32
@madollyy: is that your CAS GPA?
madollyy
20:33
That's what's on my transcript! I haven't done that one yet tbh. I get mostly A's, some B's. Got dragged down a bit too much from one D in my first semester though ><
JumpySubsequentDolphin
20:34
do you have any A+’s? that could help your gpa!
JumpySubsequentDolphin
20:36
bc LSAC recalculates A+ to 4.3
madollyy
20:39
Noo :( Unfortunately. I'm surprised that I don't, there were definitely some classes that I remember scoring 98-100% but it doesn't show on my transcript
madollyy
20:41
Acutally
madollyy
20:41
My university does not list A+
JumpySubsequentDolphin
20:42
yeah my university’s the same way, so frustrating! still a great GPA and with a killer LSAT score you’ll be good to go :)
JumpySubsequentDolphin
20:42
if you have the means, I’ve heard private tutoring is the way to go
madollyy
20:44
Fingers crossed! I mean I'd be so so glad to go to law school period, but I am a bit of an overachiever. Dream is Berkeley rn, but I'm of course happy to go anywhere that lines up with my plans. And is kind enough with scholarships lol
madollyy
20:44
I'll have to see if my parents are willing to support that. I'm living on my own but ik if it'd help me they'd be willing to help
JumpySubsequentDolphin
20:47
who knows, you might not even need a tutor! Take a diagnostic and see where you stand :)
Dkk
21:03
@madollyy: yeah that happend to me too with my community college transcript. You can try calling to see if they can alter your transcript but like mine would not do it.
Dkk
21:04
Ask @babycat to tutor you @madollyy
cat food is expensive tho
21:09
I HOPW THAT ISNT REAL
@JumpySubsequentDolphin: I would push back on this. I think for the vast majority of people LSAT tutoring is unnecessary.
21:09
oh its from nov 12 phew
21:09
i was about to have a heart attack
21:09
at the berk decision lmao
@madollyy: I focus on bringing your GPA up as much as possible in the last semester because once you graduate you cannot change that. So don't study for the LSAT next semester if you think that would impair your ability to get straight A's. As for LSAT studying, I would recommend LSAT Demon (ik controversial), the Loophole, and Reading Comp Hero.
*I would focus
JumpySubsequentDolphin
21:11
@texaslawhopefully: oh I’m not sure hahaha im just basing off of my friend who got a tutor bc she was rly struggling and it seemed like it helped her!
Yeah, that's fair! For some people it can help a lot. I'm just saying in general I don't think it is necessary unless you are trying to finetune a very specific area (or get to the high 170s because that is another thing in and of itself) OR are just terrible at the test. I tutor the test and I find that most people can improve just as much through self-study.
JumpySubsequentDolphin
21:13
that makes sense for sure
JumpySubsequentDolphin
21:13
i think for her it was a lack of discipline more than anything else tbh. she could not get herself to meaningfully study on her own
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