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LSDefine

Simple English definitions for legal terms

layaway

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A quick definition of layaway:

Term: LAYAWAY

Definition: Layaway is when you want to buy something from a store, but you can't pay for it all at once. So, you make an agreement with the store to hold the item for you until you can pay for it in full. You give the store some money upfront, and then you make payments over time until you've paid for the item completely. Once you've paid for it, you can take it home with you!

A more thorough explanation:

Definition: Layaway is an agreement between a store and a customer where the store holds onto an item for the customer until they have paid for it in full. The customer makes a deposit on the item and agrees to pay the remaining balance over time. Once the full price is paid, the customer can take the item home.

  • A customer wants to buy a new TV but doesn't have enough money to pay for it all at once. They put the TV on layaway and make a deposit of $100. They agree to make monthly payments of $50 until the TV is paid off. Once they have paid the full price, they can take the TV home.
  • Another customer wants to buy a dress for a special occasion but doesn't want to pay for it all at once. They put the dress on layaway and make a deposit of $50. They agree to make weekly payments of $25 until the dress is paid off. Once they have paid the full price, they can take the dress home.

These examples illustrate how layaway works. The customer is able to reserve an item they want to buy without having to pay for it all at once. They make a deposit and agree to pay the remaining balance over time. Once the full price is paid, they can take the item home.

lawyer-witness rule | lay fee

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19:33
i was thinking for sure there would be some mass event/ happening today. to my surprise, all is calm
1a2b3c4d26z
19:33
Yes llama, nothing ever happens
19:34
wow lots of decisions today, i think today was the most per day yet.
Dkk
19:36
Stay off reddit. It will do this to your brain:
19:37
google contracted with reddit to train their ai how people talk. lol the 'ai future' is going to be full of search results FED REDDIT POSTS. unplug the internet now! https://www.reuters.com/technology/reddit-ai-content-licensing-deal-with-google-sources-say-2024-02-22/
Google AI is actually pretty cool though. Only when its actually accurate though.
19:40
by pretty cool, do you mean smug pseudo intelect?
Dkk
19:40
THE INTERNET WAS A MISTAKE. END IT NOW.
Dkk
19:40
Google AI kept telling me schools were not binding ED when they were. Really annoyed me.
Dkk
19:41
Yeah, when accurate it is nice.
this election has the potential to push america further into ultranationalist populism
Dkk
19:42
Maybe, didnt happen last time.
19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@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!
19:48
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!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] 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
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