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CLAYTON ANTITRUST ACT

by Law Professor

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

CLAIM OF RIGHT

by Law Professor

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

CLASSICI

by Law Professor

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

CLEAN

by Law Professor

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

CIVILIAN

by Law Professor

One who is skilled or versed in the civil law. A doctor, professor, or student of the civil law. Also a private citizen, as distinguished from such as belong to the army and navy or (in England) the church. … [Read more...] about CIVILIAN

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