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LSDefine

Simple English definitions for legal terms

unit rule

Read a random definition: Parenthetical

A quick definition of unit rule:

Unit rule: A way of figuring out how much a group of stocks is worth by multiplying the number of shares by the price of one share. It doesn't take into account any other information about the value of the stocks. In politics, it's a rule that lets a group of people vote together based on what the majority of them want.

A more thorough explanation:

Definition: Unit rule is a method of valuing securities by multiplying the total number of shares held by the sale price of one share sold on a licensed stock exchange, ignoring all other facts about value. In parliamentary law, it is a convention's rule that lets a delegation's majority cast the entire delegation's votes.

Securities: If an investor holds 100 shares of a company and the sale price of one share is $50 on a licensed stock exchange, the total value of the investor's shares would be $5,000 (100 x $50).

Parliamentary Law: In a convention, if a delegation has 10 members and the majority of the delegation (6 members) vote in favor of a motion, the entire delegation's votes will be cast in favor of the motion, even if some members disagree.

These examples illustrate how the unit rule works in different contexts. In securities, it simplifies the valuation process by ignoring other factors that may affect the value of the shares. In parliamentary law, it allows for efficient decision-making by giving the majority of a delegation the power to make decisions on behalf of the entire group.

unit pricing | units-of-output depreciation method

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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
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.
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