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LSDefine

Simple English definitions for legal terms

Signature guarantee

Read a random definition: Madrid Union

A quick definition of Signature guarantee:

Signature guarantee is a way to make sure that a signature is real and to protect against someone pretending to be someone else. This is important when buying or selling things like stocks. To get a signature guarantee, you go to a bank or other financial institution and pay a small fee. They check to make sure the signature is real and if it's not, they will pay for any losses. Signature guarantees are usually needed when transferring ownership of something that is on paper.

A more thorough explanation:

Signature guarantee is a way to make sure that a signature is real and to protect against identity theft when transferring or selling property, such as stocks. This is done through a registered financial institution, which charges a small fee to provide the guarantee.

For example, let's say you want to sell some stocks that you own. The buyer wants to make sure that you are the real owner of the stocks and that no one else is pretending to be you. So, you go to your bank and ask for a signature guarantee. The bank checks your identification and verifies that you are the true owner of the stocks. They then provide a stamp or seal on the paperwork to show that they have guaranteed your signature.

If someone tries to forge your signature and steal your stocks, the financial institution that provided the signature guarantee will be responsible for any losses. This helps to protect both the buyer and the seller from fraud.

Signature guarantees are commonly used for transferring ownership of stocks or other assets that are in paper form. They provide a way to ensure that the transfer is legitimate and that everyone involved is protected.

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1a2b3c4d26z
11:15
In this analogy is the LSAT the NFL combine
JumpySubsequentDolphin
11:16
I told my family I won’t get any decisions until 2025 so they wouldn’t bombard me hahah
no i think there should be a Law School combine with all new drills except there is still the 40 yard dash
and a sub 4.5 gets you into any t14
LSAT can be one of the drills
letsseehowitgoesnow
11:17
so washu only called one person
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+
this is like the schizophrenic posts JJK tik tok be putting out
powerscaling Law School deans up next
11:19
Election Day election day
Write in Dean Z vote
11:20
Saw a guy that wrote in Biden and he said no retirement for you buddy
1a2b3c4d26z
11:20
@ClockworkBlue: god I hope that's true
if the country was run the same as Mich Law it would be a better place
Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
1a2b3c4d26z
11:25
I have no idea why people have so much beef w berkeley's app
I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.
1a2b3c4d26z
11:26
Like... it's a more involved app but you don't have to do it? They're clearly trying to have some self-selection go on
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