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LSDefine

Simple English definitions for legal terms

del credere bailiff

Read a random definition: capacity to sue

A quick definition of del credere bailiff:

A del credere bailiff is a type of agent who is hired to sell goods for a company. They have control over the goods and can sell them in their own name. They can also receive payment for the goods and give a receipt to the buyer. They are different from brokers because they have possession of the goods. In simple terms, a del credere bailiff is like a salesperson who works for a company and sells their products.

A more thorough explanation:

A del credere bailiff is a type of factor, which is an agent who is employed to sell property for the principal and who possesses or controls the property. The del credere bailiff is a factor who guarantees the creditworthiness of the buyer and assumes the risk of non-payment.

For example, if a company hires a del credere bailiff to sell their goods, the bailiff will not only sell the goods but also guarantee that the buyer will pay for them. If the buyer fails to pay, the del credere bailiff will be responsible for the payment.

This type of factor is different from a broker because the factor possesses or controls the property. A broker, on the other hand, does not have possession or control of the property but acts as an intermediary between the buyer and seller.

Overall, a del credere bailiff is a factor who assumes the risk of non-payment and guarantees the creditworthiness of the buyer.

del credere agent | del credere commission

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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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