Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

GA

Read a random definition: convertible subordinated debenture

A quick definition of GA:

GA: An abbreviation for "general average" which is a term used in maritime law. It refers to a situation where a ship or its cargo suffers accidental damage during a voyage. If the damage is intentional and partial, it is called general average. All parties involved in the voyage share the liability for the loss. This is an exception to the principle of "particular average" where the person who suffers the loss bears the liability. The doctrine of general average is an ancient principle of maritime law that ensures that all parties involved in a voyage share the risk and cost of any loss or damage that occurs during the voyage.

A more thorough explanation:

Definition: GA is an abbreviation for "general average" in maritime law. It refers to a situation where there is an accidental partial loss or damage to an insured ship or its cargo during a voyage. The liability for this loss is shared by all parties who had an interest in the voyage.

Example: If a ship is in danger of sinking and the captain decides to throw some cargo overboard to lighten the load and save the ship, this is considered a general average. All parties involved in the voyage, including the owners of the ship and cargo, must contribute to cover the cost of the lost cargo.

This concept of general average is an ancient principle in maritime law that is still used today. It is designed to ensure that all parties involved in a voyage share the risk of loss or damage, rather than placing the burden solely on one party.

fyrdfare | GAAS

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish
Irvine is being snobby and wont start any review until end of Nov.
Yeah, it’s tough. I’m distracting myself by playing good video games after work :)
im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
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)
LSD+ is ad-free, with DMs, discounts, case briefs & more.