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Simple English definitions for legal terms

floor-plan rule

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A quick definition of floor-plan rule:

Floor-Plan Rule: If you put your car up for sale in a dealership, you can't later say that you didn't sell it if the dealership sells it to someone else who didn't know it wasn't yours to sell.

A more thorough explanation:

Definition: The floor-plan rule is a principle that states that if a vehicle owner puts their vehicle up for sale in a retail dealer's showroom, they cannot deny the title of an innocent purchaser who buys the vehicle from the dealer in the normal course of retail business.

For example, let's say John owns a car dealership and he buys a car from Jane to sell in his showroom. John pays Jane for the car and puts it up for sale. A few days later, Sarah comes into the dealership and buys the car from John. Later, Jane tries to claim that she still owns the car and wants it back. However, because of the floor-plan rule, Jane cannot deny Sarah's ownership of the car because Sarah bought it from John in the normal course of retail business.

The floor-plan rule is designed to protect innocent purchasers who buy vehicles from dealerships. It ensures that if a vehicle is put up for sale in a dealership, the owner cannot later claim that they still own the vehicle and take it back from the purchaser.

floor planning | floor price

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Dkk
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Maybe, didnt happen last time.
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it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
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SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
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Maybe, but if this is populism, then every election is populist.
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@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
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wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
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got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
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Miami A, yall I'm so excited I could cry.
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[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
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