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Simple English definitions for legal terms

scrap value

Read a random definition: censumethidus

A quick definition of scrap value:

Scrap value is the amount of money you can get for something when it's no longer useful. For example, if you have an old car that can't be driven anymore, you might be able to sell it for scrap metal. Scrap value is also called salvage value. It's different from the original value of the thing when it was new or in good condition.

A more thorough explanation:

Definition: The amount of money that can be obtained from selling an asset after it has become useless to the owner.

Example: A company has a machine that is no longer functioning and cannot be repaired. The scrap value of the machine is the amount of money the company can get by selling the machine for parts or as scrap metal.

This example illustrates how scrap value is the residual value of an asset after it has reached the end of its useful life. It is the amount of money that can be obtained from selling the asset for its parts or materials.

scrambling possession | scratching the ticket

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

JumpySubsequentDolphin

11:17

@Dkk: i think a law student was pregnant and due to give birth a few days before finals and they refused to accomodate her

babycat

11:17

@Dkk: https://www.reddit.com/r/LawSchool/s/52TFGp7T5k

JumpySubsequentDolphin

11:17

accommodate*

EvolBunny

11:17

@Mostlylegal: yeah and i was thinking fuck it just go party for three years but i got other options and need to start building, top law schools were worth that 3 year pause but i am not sure i can do that for asu and their outcomes

Mostlylegal

11:19

Also I just got diagnosed with ADHD is it stupid if I dont take the test again now that Im medicated?

Dkk

11:19

She offered to take it early? Should have given her that one. Remote I can understand saying no to but taking it early, yes.

babycat

11:20

big things coming for babycat. I own a resistance band now

concorde

11:20

@renard99: jones needs to take this advice and fight aspinall

Mostlylegal

11:21

is that what they are calling punk rock bands these days?

BulbasaurNoLikeCardio

11:21

@babycat: did you get a booboo or just trying to do more workouts at home?

azebra88

11:21

@Mostlylegal: I jumped six points after beginning adhd meds. Might be worth it

Dkk

11:22

Just an hour and 38 minutes left before I can ask Kayle in LSAT Demon to marry me. I take these AMA's seriously.

renard99

11:22

@concorde: “I will retire Jon Jones without even fighting him” hardest thing anyone in the UFC ever said

m10

11:23

i spelled her fucking name wrong lmfao, Kaley. Lmfao.

BulbasaurNoLikeCardio

11:24

It was years ago but it was a lower card fight, dude didn't speak good english and they tried asking him his plan, he was like "punch him" they tried to get more info pushing it again and he said "punch him hard" and pointed at his forehead.... I don't remember the results of the fight but dude had a solid plan.

babycat

11:24

@BulbasaurNoLikeCardio: no booboo I’m just trying to increase flexibility a little. I feel like if u develop too much muscle on ur legs and don’t stretch they get tight

JumpySubsequentDolphin

11:26

my hips are so tight its acc miserable

BulbasaurNoLikeCardio

11:26

@babycat: got to keep those legs flexible so you don't pull anything, I need to get back into yoga to release and stretch out tension in my muscles. Stretching is where I fail the most with fitness

renard99

11:26

This song came out today and I think I legit have listened to it like 50

renard99

11:26

Times already

1a2b3c4d26z

11:26

Need to stretch more

renard99

11:26

https://open.spotify.com/track/7eQcHBM7LiHlXZSTglaB18?si=EIpsSyTLQLCkB6-jC5ft6g&context=spotify%3Aalbum%3A2fYQ2TlKQkgRGpNq7AumTF

1a2b3c4d26z

11:27

Run this morning felt like legs were made of goop

glovediedthisishismom

11:27

a secret home remedy for chapped lips is to lick them. your saliva will moisten the lips and relieve the chapping

EvolBunny

11:27

@JumpySubsequentDolphin: https://www.hss.edu/article_hip-flexor-stretch.asp

1a2b3c4d26z

11:27

Sometimes I think I write like rorschach from watchmen

EvolBunny

11:28

@glovediedthisishismom: just bite your lip,. gives good brain feel when peelin the dry skin

babycat

11:28

yeah it’s insane how much better hip flexor stretches can make you feel sometimes

EvolBunny

11:28

Probably the most important long term mobility thing you can do

1a2b3c4d26z

11:28

Pigeon stretch GOAT

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