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LSDefine

Simple English definitions for legal terms

place of business

Read a random definition: injuria

A quick definition of place of business:

A place of business is where someone works to make money. It can be a store, an office, or any other place where business is conducted. The principal place of business is the main office of a company, and the place of contracting is where a contract is signed. The place of delivery is where goods are sent, and the place of employment is where someone works for a business.

A more thorough explanation:

A place of business is a location where someone conducts their business. It can be a physical location, such as a store or office, or a virtual location, such as an online store.

  • A coffee shop
  • An accounting firm
  • An e-commerce website

These examples illustrate the different types of places of business. The coffee shop is a physical location where customers can come in and purchase coffee and other items. The accounting firm is also a physical location where clients can come in for meetings and consultations. The e-commerce website is a virtual location where customers can purchase items online.

The principal place of business is the main location of a corporation's executive offices. It is often referred to as the "nerve center" of the corporation.

If a corporation has its headquarters in New York City, then its principal place of business would be in New York City.

The place of contracting is the country or state where a contract is entered into.

If two parties in California enter into a contract, then the place of contracting would be California.

The place of delivery is the location where goods sold are to be sent by the seller. If no place is specified in the contract, then the seller's place of business is usually the place of delivery.

If a customer in Texas purchases a product from a seller in California and no place of delivery is specified, then the seller's place of business in California would be the place of delivery.

The place of employment is the location where work is carried out in connection with a business. It can be a physical location, such as an office or factory, or a virtual location, such as a remote work arrangement.

If someone works for a company as a software developer, then their place of employment would be the company's office where they work or their home if they work remotely.

place of abode | place of performance

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15:41
just for u sweetie pie
15:43
woah so much swagger with dat 'm;
Dkk
15:47
@shaquilleoatmeal: more like, blow my back out by the bay boston instead of back bay boston.
Dkk
15:48
Indeed, the legendary man himself.
15:49
I would go to blow my back out by the bay boston
15:50
lift with ur back not your legs, its better to have a blown back than two bad legs
CynicalOops
15:53
Blow and back day out by boston bay
15:59
so true
Dkk
16:03
Of course. Man sad Ricky Henderson died. That was my favorite athlete of all time.
windyMagician
16:10
is it dumb that I rlly want to go to Mich even tho I have a full ride to umn
16:12
no-value as a consumer often means more than the price
Dkk
16:15
@windyMagician: Nah michigan is better than UMN
Dkk
16:15
My sister just officially graduated, yay!
16:16
awesome @Dkks sister
16:16
prolly named veronica or sarah
windyMagician
16:16
@Dkk: for public defense tho?
windyMagician
16:16
Sarah in the bathroom
texaslawhopefully
16:17
@windyMagician: not at all. Michigan is also very generous with aid, so if you get enough it makes perfect sense to take it.
windyMagician
16:17
fuck okay
windyMagician
16:17
going to my dream school is crazy
michigan also has better options if you do PD for 10 years then want to do something else
windyMagician
16:19
also would love to clerk for my federal district court even tho I know its hella competitive, I think mich sets me up better?
16:20
would be a great point to bring up when ur deciding / visiting each place- see what recent placement looks like
texaslawhopefully
16:23
For fed clerkships by far Michigan places better. I think it’s like 14-15 percent
windyMagician
16:25
sticker debt is high-key scary tho
texaslawhopefully
16:26
I’m sure you’ll get good merit aid though. Look at Michigan’s 509 report. They’re very generous.
16:34
i am going to wait patiently into january to get into a law school
16:34
then i will start tweaking
texaslawhopefully
16:42
January could not come any sooner
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