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LSDefine

Simple English definitions for legal terms

wholesaler

Read a random definition: net assets

A quick definition of wholesaler:

A wholesaler is someone who buys a lot of things and then sells them to stores or other people who sell things to regular people. They buy a lot of things at once so they can sell them for a lower price to the stores.

A more thorough explanation:

Definition: A wholesaler is a person or company that purchases goods in large quantities from manufacturers or distributors and then sells them in smaller quantities to retailers or other merchants, who then sell them to the end consumer.

Example 1: A grocery store purchases cases of canned goods from a wholesaler, who has bought them in bulk from the manufacturer. The grocery store then sells the individual cans to customers.

Example 2: A clothing store buys a large quantity of t-shirts from a wholesaler, who has sourced them from a distributor. The clothing store then sells the t-shirts to customers at a higher price than they paid the wholesaler.

These examples illustrate how a wholesaler acts as a middleman between the manufacturer or distributor and the retailer. They buy in bulk at a lower price and sell in smaller quantities at a higher price, making a profit on the difference. This allows retailers to purchase goods at a lower cost than if they were buying directly from the manufacturer, and it allows manufacturers to sell their products in larger quantities without having to deal with individual retailers.

wholesale price index | whole-statute rule

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[] baddestbunny
12:25
fordham’s max aid they give is 45k per year
Bunny I can possibly get a 75%+ scholarship from villanova or temple, and I'd be moving back in with my parents if I went there so I'd have near-zero COL. It'd be really hard to beat that
I would prefer BC over Fordham just because I like boston more, but I'm expecting a WL there tbh
I would maybe consider BC with $ but I don't know how to decide if a better biglaw chance is worth the COL + higher tuition
12:50
How do I know if my status checkers are properly linked
12:59
@ChowieBean: right now, Michigan, but there are several that come close. How about you?
13:05
@Law01: I haven't gotten the status checkers to work at all. When I sent an email to the LSData folks the other week, they said they were working on fixing them
13:10
but I think "Last Checked" would change from "Never" to something else
13:30
@HowlEngineer: I'll get more specific once I get my LSAT score, but NYU, Berk, GTown, UCLA
13:30
Anywhere that's top for PI
14:54
What do people typically write in the 'Optional Statement' for Georgetown
15:25
Yale application is wayyy too much work
15:28
So many apps want 'post-college activities' time to get a fuckin job
15:55
hey guys what happens if we dont have any honors or achievements oof, just don't include a section for it on the resume?
[] baddestbunny
16:01
They make the Yale app a lot of work to filter out the people who don’t really want it like that
16:25
@ChowieBean: i made a silly video for my optional statement :3
letsseehowitgoesnow
16:43
@ChowieBean: I wrote a DS and top 10 list lol
[] baddestbunny
18:35
my cat is cooing like a little pigeon. does anyone have thoughts on this?
10/10 cute
3.79/148 chance me at Yale
18:56
guaranteed admission
I figured I hope I don’t get yield protected
19:08
Thank you guys
Nostradumbass
19:56
148
Nostradumbass
19:56
Is actually impressive
[] baddestbunny
20:02
[deleted by baddestbunny]
[] baddestbunny
20:11
actually nvm everyone has their own reasons not my place
StandingOnBusiness
21:09
I also did a top 10 list for georgetown, i really liked that prompt
[] hw03
21:18
hi
21:38
i did top 10 too
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