Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

mobile goods

Read a random definition: debt-to-equity ratio

A quick definition of mobile goods:

Mobile goods are things that can be moved from one place to another. They can be bought and sold, and have value. Examples of mobile goods include shipping containers and road-construction machinery. These goods are usually used in more than one place and can be owned by someone or leased to others. In the past, the law for perfecting a security interest in mobile goods was defined by the state where the owner was located, but now the law does not distinguish between mobile and ordinary goods.

A more thorough explanation:

Definition: Mobile goods are tangible personal property that can be moved from one place to another. This includes items of trade or merchandise that have value and can be bought or sold.

Examples: Mobile goods can include shipping containers, road-construction machinery, and equipment that is leased by a debtor to others. These goods are typically used in more than one jurisdiction and can be held by the debtor as equipment.

Another example of mobile goods is a car that is bought and sold across state lines. The car is a tangible item that can be moved from one place to another and has value that can be traded.

Explanation: Mobile goods are items that can be moved from one place to another and have value. They can be used in more than one jurisdiction and are typically held by the debtor as equipment or leased to others. The examples illustrate how mobile goods can be used in different industries and how they can be bought and sold across state lines.

M'Naughten rules | Mobile–Sierra doctrine

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
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
LSD+ is ad-free, with DMs, discounts, case briefs & more.