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LSDefine

Simple English definitions for legal terms

fungible things

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A quick definition of fungible things:

Fungible things are items that can be easily replaced with another item that is practically the same. This means that if something is lost or damaged, it can be replaced with something that is very similar. Examples of fungible things include wood or paper currency. When something is fungible, it is easy to calculate how much it would cost to replace it. However, if something is not fungible, like a house, it is much harder to replace it exactly as it was before.

A more thorough explanation:

Fungible things are items that can be easily replaced with another item that is practically the same. This means that if one item is lost or destroyed, it can be replaced with another item that is identical in value and quality. Examples of fungible things include wood, paper currency, and oil.

When it comes to legal matters, whether or not an item is fungible can impact how damages will be calculated for breaches of contract or the destruction of an item. For example, if a window is broken, it is easy to calculate how much it would cost to replace it with a new one. However, if an entire house is destroyed, a judge cannot simply order someone to replace the house in its entirety as it originally was.

Overall, fungible things are important to consider in legal matters because they can impact how damages are calculated and what can be done to remedy a situation.

funding a trust | Furman v. Georgia (1972)

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17:54
berk…..
shaquilleoatmeal
17:58
what about berk
18:01
i need wave
shaquilleoatmeal
18:04
call them and demand one
@shaquilleoatmeal: did you get double app complete on sub status or just one
letsseehowitgoesnow
18:11
shaq i got that for BU
shaquilleoatmeal
18:13
@Eminatorcookieeater: just one
shaquilleoatmeal
18:14
@letsseehowitgoesnow: lfg!
shaquilleoatmeal
18:14
@Eminatorcookieeater: did you get one or double??
Just one sadly
letsseehowitgoesnow
18:15
I doubt it means anything. I applied like 2 weeks ago lol
letsseehowitgoesnow
18:16
Actually nvm. I don’t have that lol
shaquilleoatmeal
18:17
@Eminatorcookieeater: I think it's still a good sign, seems like we're one stage away from a decision rolling out which is a good thing, whether an A, R, or WL lol
shaquilleoatmeal
18:17
all obviously based on that reddit post which might not be accurate
Exactly at least something is happening haha
shaquilleoatmeal
18:19
lfg just got a vandy interview
Dkk
18:26
Nice, I should get that app in.
Dkk
18:26
Good motivation.
shaquilleoatmeal
18:28
@Dkk: get that app in man, c'mon
[] baddestbunny
18:29
1.5 hours bitches
[] baddestbunny
18:32
but who’s counting?
it’s happennninnnnggg
Dkk
18:37
I will do better! @Shaq
shaquilleoatmeal
18:41
atta boy dk
[] baddestbunny
18:42
I think our opponent’s dad is mad at me
good feed off his malding
JumpySubsequentDolphin
18:52
gulc should send invites so i can take my mind off the election
Dkk
19:11
Man, I just made two steaks, opened a bottle of Chianti Classico. Just gotta relax.
Dkk
19:11
It will all be good!
Dkk
19:15
Btw no Berkeley. Friend at Berkeley law says everyone is checked out already cus of the election.
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