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LSDefine

Simple English definitions for legal terms

STOPPAGEIN TRANSITU

Read a random definition: cancellation clause

A quick definition of STOPPAGEIN TRANSITU:

Term: STOPPAGE IN TRANSITU

Definition: Stoppage in transitu is a legal term that refers to the right of a seller to stop the delivery of goods that are in the process of being transported to the buyer. This right arises when the buyer has not paid for the goods, and the seller has reason to believe that the buyer will not be able to pay for them. The seller can then take possession of the goods and sell them to someone else to recover the cost of the goods. This right is important for sellers to protect themselves from potential losses due to non-payment by buyers.

A more thorough explanation:

Definition: Stoppage in transitu refers to the right of a seller to stop the delivery of goods that are in the process of being transported to the buyer. This right arises when the buyer has become insolvent or has breached the contract of sale.

Example: A seller ships a shipment of goods to a buyer, but before the goods arrive, the seller learns that the buyer has become insolvent. The seller can exercise the right of stoppage in transitu and demand that the carrier hold the goods until the seller can arrange for their return or resale.

Explanation: This example illustrates how stoppage in transitu can be used to protect the seller's interests when the buyer is unable to fulfill their obligations under the contract of sale. By exercising this right, the seller can prevent the goods from being delivered to the buyer and potentially being lost or damaged. Instead, the seller can take steps to recover the goods or resell them to another buyer.

stoppage | stop-payment order

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Minus those random R decisions from UMN yesterday though right? I wonder what happened there. I don’t think I’ve seen a school start the season out with anything but As on here
almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish
Irvine is being snobby and wont start any review until end of Nov.
Yeah, it’s tough. I’m distracting myself by playing good video games after work :)
im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
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