A direct, fixed tax that is placed upon specified goods. … [Read more...] about EXCISE TAX
E
EXCISES
1. This word is used to signify an inland imposition, paid sometimes upon the consumption of the commodity, and frequently upon the retail sale. 2. May be a state or federal tax on certain activities or occupations, production and manufacture of items. … [Read more...] about EXCISES
EXCEPTION
(A) Eng. Eq. practice. Re-interrogation. 2 Benth. Ev. 208, n. (B) legislation, construction. Exceptions are rules which limit the extent of other more general rules, and render that just and proper, which would be, on account of its generality, unjust and improper. For example, it is a general rule that parties competent may make contracts; the rule that they shall not make any … [Read more...] about EXCEPTION
EXCITED UTTERANCE
An exception to the hearsay rule of evidence. A statement made by a person at or about the time a shocking, jarring event occurs concerning that concern's that person's experiencing or witnessing the event. Such a statement is considered to be reliable and admissible evidence. … [Read more...] about EXCITED UTTERANCE
EXCEPTION CLAUSE
Contract clause allowing that which is contrary to normal expectations, dealing with exceptions. … [Read more...] about EXCEPTION CLAUSE