Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

trade price

Read a random definition: implied-license doctrine

A quick definition of trade price:

Trade price: The price that is paid for goods or services when they are bought or sold between businesses or traders. It is the amount of money that is agreed upon by both parties involved in the transaction.

A more thorough explanation:

Definition: Trade price refers to the price at which goods or services are sold to retailers or other businesses, rather than to individual consumers. It is often lower than the retail price, as businesses buying in bulk can negotiate better deals with suppliers.

Example: A manufacturer of clothing may sell their products to a retailer at a trade price of $20 per item, while the retailer then sells the same item to individual customers at a retail price of $40. The trade price allows the retailer to make a profit while still offering a competitive price to customers.

Another example: A restaurant may purchase ingredients from a supplier at a trade price, allowing them to keep their costs low and offer affordable menu items to customers.

The examples illustrate how trade price is a pricing strategy used in business-to-business transactions, allowing businesses to purchase goods or services at a lower cost and then sell them at a higher price to make a profit.

trade practice | Trade-Related Aspects of Intellectual Property Rights

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
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
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
LSD+ is ad-free, with DMs, discounts, case briefs & more.