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Mr. Bad Fumbla
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LSDefine
Simple English definitions for legal terms
quota
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A quick definition of quota:
Quota: A certain amount of something that is assigned to a person or group. It can be a minimum or maximum number. For example, a salesperson may have a quota of how many products they need to sell in a month. There are also export and import quotas, which limit the amount of products that can be sold or brought into a country. In history, the phrase "quot articuli tot libelli" meant that there were as many points of dispute as there were written accusations.
A more thorough explanation:
A quota is a specific amount or limit assigned to a person or group. It can be a minimum or maximum number of something.
- A university may have a quota for the number of in-state residents they admit each year.
- A salesperson may have a quota for the number of products they need to sell in a month.
- An export quota is a limit on the amount of products that can be sold to foreign countries.
- An import quota is a limit on the amount of a certain product that can be brought into a country from a foreign country.
These examples illustrate how a quota can be used to set a specific goal or limit for different situations. It can be used to ensure fairness, regulate trade, or motivate individuals to meet certain targets.