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Simple English definitions for legal terms

long-firm fraud

Read a random definition: serological test

A quick definition of long-firm fraud:

Long-firm fraud is when someone tricks another person or company into doing business with them, but they never intend to pay for the goods or services they receive. They keep doing this over a long period of time, making it seem like they are a legitimate customer or business partner, but in reality, they are just stealing from others. This is a type of fraud that can be both a civil offense (resulting in monetary penalties) and a criminal offense (resulting in jail time).

A more thorough explanation:

Definition: Long-firm fraud is a type of fraud where a person or a group of people set up a business with the intention of gaining the trust of suppliers and customers, and then disappearing with the goods or money without paying for them. It is a form of deliberate deception that causes financial harm to others.

Example: A group of people set up a company that sells electronic goods. They gain the trust of suppliers and customers by making regular payments and delivering goods on time. However, after a few months, they disappear with all the goods and money without paying anyone. This is an example of long-firm fraud.

This type of fraud is often difficult to detect because the fraudsters appear to be legitimate business people. They may even have a history of successful business ventures, which makes it easier for them to gain the trust of others. However, once they have gained the trust, they use it to their advantage and disappear with the goods or money.

long-arm | long-form bill of lading

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GodsPlanUltimately
22:50
Just stressing because this is my first and only app.
GodsPlanUltimately
22:53
Does the CAS Report send once the school requests it or do I have to send it ?
babycat
23:02
It sends automatically
babycat
23:02
Why only one app?
GodsPlanUltimately
23:06
I'm in a dual degree program that my undergraduate has where if you meet a gpa and percentile you can have your senior year be your L1 ! Cuts off a year of time and money and the partner was my top pick for law anyways. It all just worked out and since it's ED can't really apply anywhere else because the L1 transfers back to complete my degree. :)
babycat
23:14
oh that’s nice! I guess you have a high degree of certainty about the process then
Dkk
0:10
Welcome. About to eat another ghost pepper. @babycat
Dkk
0:27
God my mouth is burning so much
@babycat: A few things. I mean, for one, this is my fifth year of undergrad (graduating with a dual BA/MA), so I don't think academically I'm incredibly behind or anything. Beyond, that I've explored other fields, and for the very niche area of public interest work I am interested in, law is the only way I can make a substantiative difference so why not start now.
And also my other options just are not great. I could take a shit paying job at a think tank, I was offered a job at, but I don’t find the work interesting. Or I could continue in academia, getting a phd, but again just not especially interested in academic philosophy.
I would say more, but I am very close to doxxing myself if I haven’t already.
Dkk
1:02
5th year at 19. That is amazing.
Dkk
1:02
So you started when you were 14. Wow.
Dkk
1:11
I tried to find you but if still in school, other names pop up first. Do you drink alcohol? If not, you should start drinking to catch up to me. @texas
I started at 15
turning 20 this year
or well very beginning of next year
Dkk
1:15
My best advice is to start learning wine and cocktails asap. Take the introductory and certified sommelier exam as soon as you hit 21.
Dkk
1:16
I could not find you with that information. You are still probably pretty safe. Though I did not use all my search engines or filters.
@Dkk: That is good. Granted I don't think being doxxed would be the end of the world, but who knows.
And, yeah, I have drinken a little bit over the last couple of years (what college student hasn't), but not a massive fan
Dkk
1:24
That is cus college people drink like idiots. I was not a fan at my first college and I did not start drinking until I was 22.5. The art of Sommelier stuff though is less about drinking and more about thought process. Kind of a puzzle like a logic game. Same with cocktails. You will love it if you hate college type drinking.
Dkk
1:25
It's something to do outside of the things you mentioned, it is useful for networking, and it will help you in law school. It will help you find exactly what you want to do in law school.
5:40
Workin grinding
babycat
9:03
@Dkk: arara says to check out Gilbert Law Summaries for law school
babycat
9:04
Stop leaving y'all kids round them extra old folks... I asked my lil nephew how old he was turning, he said.... If the lord see fit, 6 in May
Well so has anybody heard from cls yet?Cuz i found that last year they
sent some interview invitations on 11.20
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