Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

reconsignment

Read a random definition: auctor in rem suam

A quick definition of reconsignment:

Term: Reconsignment

Definition: Reconsignment is when the terms of a shipment of goods are changed while the goods are still in transit. This means that the original agreement about where the goods were going and who was responsible for them is altered. It's like changing your mind about where you want a package delivered after it's already been sent out for delivery.

A more thorough explanation:

Definition: Reconsignment refers to a change in the terms of a consignment while the goods are in transit.

Example: Let's say a company sends a shipment of goods to a retailer on consignment, meaning the retailer will only pay for the goods once they are sold. However, while the goods are in transit, the retailer realizes they won't be able to sell them all and requests a reconsignment, which changes the terms of the agreement. The company may agree to this and redirect some of the goods to a different retailer or warehouse.

This example illustrates how reconsignment can occur when the terms of a consignment need to be adjusted while the goods are still in transit. It allows for flexibility in the agreement and can benefit both parties involved.

reconsider | reconstruction

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
HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
LSD+ is ad-free, with DMs, discounts, case briefs & more.