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LSDefine

Simple English definitions for legal terms

demand

Read a random definition: net-capital rules

A quick definition of demand:

Demand: When someone asks for something very strongly or when a court orders someone to do something. In economics, demand means how much people want to buy a product.

A more thorough explanation:

Definition: Demand can have different meanings depending on the context. In legal terms, it means to request something forcefully or under legal authority. For example, a demand letter is a legal document that initiates a dispute resolution process where one party seeks performance or abstention from a specific action, or monetary restitution to settle a claim.

In economics, demand refers to the relationship between the quantity of a product produced and the desire of consumers to purchase that product. It is the amount of a good or service that consumers are willing and able to buy at a certain price and time.

Examples:

  • Legal: A person who has been injured in a car accident may demand compensation from the driver who caused the accident.
  • Economics: If the price of a cup of coffee increases, the demand for coffee may decrease as consumers may choose to buy a cheaper alternative or reduce their consumption of coffee.

The legal example illustrates how demand can be used to request something under legal authority. The economic example shows how demand is affected by changes in price and how consumers may adjust their purchasing behavior accordingly.

delivery | demand letter

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HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
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