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LSDefine

Simple English definitions for legal terms

trade dispute

Read a random definition: dissemble

A quick definition of trade dispute:

Trade dispute: A disagreement between two or more countries about things like how much tax should be charged on goods that are being traded between them. It can also be a disagreement between an employer and employees about things like how much money the employees should be paid or what their working conditions should be like. If an employee leaves their job during a trade dispute, they may not be able to get unemployment benefits.

A more thorough explanation:

A trade dispute is a disagreement or conflict between two or more parties related to international commerce or employment-related matters.

In international law, a trade dispute can arise from issues such as tariff rates or other matters related to international commerce. For example, if Country A imposes high tariffs on goods imported from Country B, Country B may file a complaint with the World Trade Organization (WTO) to resolve the dispute.

In labor law, a trade dispute can occur between an employer and employees over pay, working conditions, or other employment-related matters. For instance, if workers in a factory demand higher wages and better working conditions, but the employer refuses to meet their demands, a trade dispute may arise. The workers may go on strike, and the employer may lock them out.

It's important to note that employees who leave during a trade dispute are not entitled to benefits under the Unemployment Insurance Act.

During the COVID-19 pandemic, many airlines faced a trade dispute with their employees over job security and pay cuts. As air travel demand plummeted, airlines were forced to cut costs, which led to layoffs and pay reductions. However, employees argued that the airlines were not doing enough to protect their jobs and demanded better compensation. The dispute resulted in strikes and protests, which disrupted air travel and caused inconvenience to passengers.

This example illustrates how a trade dispute can have far-reaching consequences, affecting not only the parties involved but also the general public.

trade disparagement | trade dollar

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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
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
13:18
i’m in the same boat mastermonkey but with lower stats. i hope i hear back by mid march
CheeseIsMyLoveLanguage
13:24
@mastermonkey45: Looking at some of the recent decisions in relation to when they went complete, I'd say it's a good sign. It seems many declines were sent within about 5-6 weeks of completion. Given those were applications that were SENT in January, I'd say that means you're still solidly in the running. :)
14:30
Sent an app to OSU in early december and have STILL not heard back
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