!-- Google Tag Manager (noscript) -->

Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

interstate trade

Read a random definition: testatio mentis

A quick definition of interstate trade:

Interstate trade refers to the exchange of goods and services between people and businesses located in different states. It involves transportation of these goods and services across state borders. This is different from intrastate commerce, which is the exchange of goods and services within the borders of a single state. International commerce, on the other hand, involves trade and business activities between nations.

A more thorough explanation:

Interstate trade refers to the exchange of goods and services between different states. It is a type of commerce that involves transportation of goods and people across state lines. This is different from intrastate commerce, which is commerce that takes place entirely within the borders of a single state.

For example, if a company in California sells products to a customer in New York, this is considered interstate trade. Similarly, if a person from Texas travels to Florida for vacation, this is also considered interstate trade because it involves the movement of people across state lines.

Interstate trade is an important part of the economy because it allows businesses to reach customers in different parts of the country and provides consumers with access to a wider range of goods and services. It is regulated by federal laws and is subject to taxation by both the state of origin and the state of destination.

interstate rendition | intersubjective zap

Warning

Info

General

General chat about the legal profession.
main_chatroom
๐Ÿ‘ Chat vibe: 0 ๐Ÿ‘Ž
Help us make LSD better!
Tell us what's important to you
LSD+ is ad-free, with DMs, discounts, case briefs & more.