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The expansion of the Sherman Act, created in 1914, this is the Federal Antitrust Act which prohibits anti-trust activities, the interference with interstate commerce and trade whether done directly or indirectly. … [Read more...] about CLAYTON ANTITRUST ACT

A tax doctrine in the U.S. which requires that taxpayers report and recognize income when there are no significant qualifications or contingencies to the income and has control over the income, such as having to return the cash received. In such instances, the IRS would issue a credit when the money is returned by the taxpayer. … [Read more...] about CLAIM OF RIGHT

In the Roman law. Persons employed In servile duties on board of vessels. Cod. 11, 12. … [Read more...] about CLASSICI

Irreproachable; Innocent of fraud or wrongdoing; free from defect in form or substance; free from exceptions or reservations. See examples below. Clean bill of health. One certifying that no contagious or infectious disease exists, or certifying as to healthy conditions generally without exception or reservation. Clean bill of lading. One without exception or reservation as to … [Read more...] about CLEAN

See also Res Judicata. Where a final judgment has been rendered on the merits of an action and no other court may hear an appeal. … [Read more...] about CLAIM PRECLUSION