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LSDefine

Simple English definitions for legal terms

purchase order

Read a random definition: franking privilege

A quick definition of purchase order:

Term: Purchase Order

Definition: A purchase order is a piece of paper that tells a seller to give you something and you promise to pay for it later. It's like a shopping list that you give to someone who will get the things for you and you will pay them back.

A more thorough explanation:

A purchase order is a document that a buyer sends to a seller to request goods or services. It is a legal agreement between the buyer and the seller that outlines the details of the transaction, including the quantity, price, and delivery date of the goods or services.

Once the seller receives the purchase order, they are authorized to deliver the goods or services to the buyer. The buyer agrees to pay for the goods or services at a later date, as specified in the purchase order.

ABC Company sends a purchase order to XYZ Supplier for 100 units of a particular product. The purchase order specifies the price per unit, the total cost of the order, and the delivery date. Once XYZ Supplier receives the purchase order, they are authorized to deliver the 100 units of the product to ABC Company. ABC Company agrees to pay for the 100 units at a later date, as specified in the purchase order.

This example illustrates how a purchase order is used to authorize a seller to deliver goods with payment to be made later. It also shows how the purchase order outlines the details of the transaction, including the quantity, price, and delivery date of the goods.

purchase-money interest | purchaser

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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